My partner at the time and I were nomads traveling long term.

Quote from @Elam Fisher Jr: Anyone have experience with mid term rentals in Baltimore city?  

Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management. 

Hello,We have "trapped equity" in a long term rental condo and are considering selling it and doing a 1031.

As we all know, the standard way BP says to calculate cash flow actually leads investors away form long-term opportunity and leaves a lot of investors on the sidelines because they don't understand IRR and the multi layered dynamics of investing long-term.  

Trying to keep things simple with long-term single family rentals til I hit my conventional limit then will try different strategies with different funding options.

So over the long term, I think it certainly could affect home and commercial prices.

Quote from @Dan Hertler: I currently manage some of my out of state rentals, but would like to create my own property management business locally in New York (Long Island). 

Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.