The real work is locating these properties and I've learned the best way to do this is to work in towns/areas that have online GIS systems that map; topography, wetlands, soils, etc. and assessors data available for download either from local sources or listsource.com.  

I do not care what the source of the return is  Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.  

As I've witnessed, rebranding can make a significant difference in the success of a property, even if the physical appearance remains the same.By charging appropriate fees, exploring additional income sources, and undertaking property rebranding efforts, real estate investors can unlock the full potential of their investments.

See source: https://www.veteransunited.com/valoans/occupancy-requirement... 

First step is always to cut the water source and fix the leak asap.

This app is supposed to make things easier but instead has been a source of annoyance and irritation since I started using it.

What is your source for 99% of transactions are above 2%?

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.

While I don't want to focus on doing this as my main source of income (I still mainly want to do fix & flips and contract assignments), I wouldn't mind trying it, just to see if it's something that could work for me.  

Who is the source?