Long Term non-paying Tenants.

So first thing I call them short term rentals.

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.

It doesn't take long to learn how to spot a good deal.6.

Are there other, more cost-effective alternatives to gain similar support and knowledge?

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

What should I consider about the purchase price, interest rate, and other terms? 

The short term rental business has been fine, up until this month where I saw the lowest bookings since opening.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.