what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

We have taken over LOTS of occupied units with under paying tenants.

Investment Info:Small multi-family (2-4 units) note investment investment.

Investment Info:Large multi-family (5+ units) buy & hold investment in Flagler Beach.

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success! 

 Which city in the United States has appreciated the most over the past 10 years?

this works well if the tenant is a national user or multi unit operator who has built these buildings many times. 

My target asset class is multifamily and I just had an LOI accepted on a six unit deal in South Jersey. 

Quote from @Tanner Pile: @Kevin Bartel I would go for a house hack on a multi-family property like a house and cottage where you can do an STR in the cottage unit in Denver.