You're not wrong, but there is certainly some irony to several (4 out of 5?)

In my state, if I moved to evict it might take ~2 months to get them out and then several more weeks to have the next tenant in place.

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.

Hi Chris, there are several options you could consider, but it would all be based on your risk tolerance. 

A good friend of mine, managed a similar transaction last year: he merged several single-family homes around Florida and exchanged them for a mid-size apartment complex in Chicago.

We have several subcontractors that handle the process but the owner has zero involvement.

I would not expect a meaningfully lower rate and pmt for likely several years.