In fact, one of my clients last year closed on a house hack near Keystone and turned a 5 bedroom single family home into a 6 bedroom house, and he is living in one room and renting out the 5 other rooms individually between $1,300-$1,400 per month per room because of the lack of affordable housing options up there. 

Especially #4 about durability.Do you charge your clients a flat fee based on size/price per sqft for your services, or % of spend?  

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! 

Say, I have a potential client that has asked me to value a 7 unit apartment building.

We use Flourish Cash for our clients (no fees), and it yields 4.90% with 1.5M in FDIC coverage. 

They claim that their clients are seeing a large return on their investment but would love to hear from somoene who has actually worked with them. 

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

What real estate tax saving strategies have you utilized with other clients?

And the simple act of owning 3-4 SF rather than 1 MF spreads your risk out as well.But before I get flamed for being the stodgy too conservative guy who ignores scale let me say that we have many many clients who will start out as SF investors. 

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!