Having worked with investors who’ve transitioned from LTRs to STRs or MTRs, I can see why Johnson City would be appealing.You’re right to consider the university, the med school, and the hospitl as potential sources of consistent demand for MTRs.

For instance, a friend of mine transitioned into the BTR market in Austin, Texas, after noticing consistent rental growth.

Additionally, transitioning certain activities, such as maintenance and repairs, to be conducted directly through the business entity could strengthen your position for claiming deductions.

A friend of mine started this way, and it made his transition to full-time business ownership much smoother.Document EverythingKeep meticulous records of all transfers between your business and personal accounts.

My publishing business is now running smoothly and transitioning into profitability, so I’m turning my focus toward my next venture: multifamily real estate.

I think that '25 will be a transition year ("end the dive in '25") for the reasons you stated--construction will fall off in Q2-3 but demand will remain...that sparks rent growth.Interest rates:  Yes, flat to up. 

I have the desire to purchase my first property during that transition (we are currently renting and will only have 8ish months left at our current assignment before we will move). 

Even if you already found a PM, happy to aid to your transition with any suggestions or advice.Here for when you need me! 

After discussing with Justin, I am certain that we can help you in your scenario as you and your wife transition from one industry into more real estate.

Trying to figure out whether is it worth transitioning my 2br 1ba 1100 sqft unit to midterm rental from long term rental in Renton WA?