But have been thinking about actually building a house as a padsplit, which would maximize bedrooms and roi.

Stick to a budget, align with local trends, and consider DIY projects to maximize your ROI.Good luck!

In the meantime are you maximizing your marketing for the property like putting it in Facebook Marketplace, Craigslist, and talking to any realtor friends?

Maximizing depreciation can offset a lot of cash flow. 

As Nathan suggested, I'll learn a lot more as I go, but what currently resonates with me is minimizing tenants rather than maximizing RoI.Tim and @Adam Tafel, I will be reaching out to you.Thanks again!

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.GregI was thinking you can alternate between STR and MTR to maximize the ROI.

Note this is cheapest money around and maximizes COC.  

The return that maximizes profit for the GP also maximizes profits for the LP.With a waterfall return there are plenty of scenarios where returns are maximized for one but not the other. 

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!

The price point here is attractive, especially when you’re buying all cash, which will help you maximize your cash flow potential.One of the best things about Memphis is the strong rental demand.