@Austin Green we currently live in Franklin (short term)!

I tend to shy away from homes over ~20 years old to buy and hold for long term renting.

Does anyone have any experience with furnished mid term rentals?

Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc.

Quote from @Chinku Chinku: Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles).

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

please let me know if you have successfully completed a creative finance deal and you have some terms example breakdowns i can take a look at much appreciated im trying to buy an apartment complex asap

Lancaster city limits short term rentals to only certain zones of the city so definitely look at the city website for that information.