For example, instead of an initial 6-month lease at $1,200/month, and then re-renting it in the summer with a higher rental rate, you could market it as a 16-18 month lease term (again, great suggestion by Tim) at $1,600/month with a "1 Month of Free Rent" special which you could either divide evenly across just the first 4-6 months of the lease, or prorate over the entirety of their lease term.  

Find a good landlord/eviction attorney that can help you draw up a lease, and help with any potential problems or disputes that arise.

Where do you draw the line for when a loft just a loft and when is it considered an actual bedroom?

Divide the price of those units by the sqft, and you’ll get price per sqft.

Furnished Finder is a good idea, even if the fit with travel nurses hasn’t been ideal—it might be worth exploring other platforms for mid-term renters or marketing directly to local families in need of temporary housing.One thought: consider offering seasonal promotions or themed packages to draw in more guests, like holiday stays or discounts for longer weekends.

I just want to make sure we are dividing out the cash flow we can spend versus the cash flow we should save.

Quote from @Mary Jo Carruthers: @Sunil KaleDid you get your realtor to draw up the lease?

They divide the investment strategies into three categories: normal, aggressive, passive.- These categories are based on cash on cash ROI.

I'm located in the Salem area and while I've looked at properties locally, I just don't think my area has the same draw as Portland or Eugene.

Village to Village Network (https://www.vtvnetwork.org/) and Men’s Sheds Association (https://usmenssheds.org/) are successful models of people building community to improve the aging experience.So drawing on Dr Thomas and Nancy’s work and incorporating cohousing and pocket neighborhood elements into my communities, I have chosen to use shipping container homes in areas along the Texas coast where storms frequently cause wind and water damage.