LTR is stable, slow, and risk is low but potentially not as much cash (right away).Comes down to what goals you have and your risk threshhold - I have friends in CO springs who do STR and MTR, and works out great - but also have folks who LTR in that area and it pays for them self and it a great way to save money in places like taxes and build equity.  

The headache of playing peacemaker between 3-5 unrelated tenants doesn't sound worth the premium management fee; not to mention rent by room generally brings in lower quality tenants which require significant more management.With that said, higher rates are pushing investors toward rent by room simply because it's the only option for cash flow (at least in Denver) which is why I have so many folks reaching out.If you currently have rent by room investments or perhaps you're a PM currently offering rent by room, I'd love to hear your feedback and any advice you may have. 

Lowering the prices are a good way to get a few folks but don't go crazy so you don't get the dregs who can destroy your place.Now, listing on Furnished Finder.

Some folks are happy with 5-8% profit margin and others don't look at much under 20%.It is all going to be up to you where you are most comfortable. 

Dozens of folks here would help you for free.

I know some folks that are successful with STR's in Tulsa.

So many folks are out here touting making millions with $0 down and you proved that even with all the due diligence and good investing sense, you have to be prepared and take risks that are proportioned to what you can withstand.

I’m Arizona licensed and while I’m not an attorney or CPA, I’ve got a pretty wide network of investor-savvy agents and property mangrs who I trust.. folks who actually roll up their sleeves and dive into the trenches.The right guidance can help you identify stable neighborhoods in Austin where job growth still hums along nicely, or link you up to off-market multifamily properties in San Antonio that don’t get splashed across public listings.

If the information is out of date is there a follow-up book you folks can recommend so I can make up for the gap of this original version?

Most folks protect the furnishings with a security deposit, would make sure that is detailed in your lease agreements