Quote from @Jay Hurst: Quote from @Jeremy Torres: Quote from @Patrick Drury: @Jeremy TorresIn terms of what's a good offer you would need to check with an agent or do some research on your own of looking at comps in the market.

Try not to get locked in too long 4. we're not necessarily looking to go "all out" in terms of theming, but if we did, what kind of revenue does that bring/ROI can you expect, and which Renos for theming are best to do from a cost-benefit analysis, and what do they typically cost?

Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

Even as a broker there are many sleazy Account Executives that try to win my business with terms or extra compensation.

Yes quite a few of our 5,000 options have rate and term or purchase!

I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

A 4-plex would be ideal and you could play around with doing 1 long-term, 1 mid-term, and 1 short-term, plus you, if it works on your area to upgrade your income.

What is the long term plan for the city and the state?

Taking action is what separates investors from dreamers.Todd, you nailed it—real estate is a long-term game, and selling a business that’s already producing income is a big move.

@Michael Baum how many Short-term rentals do you manage this way where you are on call all the time?