From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.

By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry. 

@Sean Doyle - Toledo is the only city I operate in.

Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?

If this is correct, how much are you cash flowing each month after you pay your operating expenses and make your loan payment?

We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.

Meaning you can spend the time traveling to the market(As we did for 18 Months once per quarter) or you can seek a reputable operator in the market you want to invest in and leverage their team. 

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. 

Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.

If you’re ever looking to invest in Florida, @Josh Green has a successful STR operations going on in the Tampa Bay Area that is providing his clients with solid returns year round.