Renting by the room (long-term) is stable but requires tenant management, while Airbnb (either by room or whole house) can bring higher revenue but needs more hands-on work—make sure to check Little Elm’s short-term rental rules.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

@John BarryFirst and foremost, Section 8 is a protected class in Massachusetts, so you can not discriminate against any tenant that has it.As for the steps.1. list and show the unit as usual.2. validate all tenants the same way.3. if you go with a section 8 tenant, then they will have paperwork for you to complete/submit.4. section 8 will send out an inspector to check the unit, all common areas, the exterior and the basement (does not matter if they have access to it or not).5.

But, you may want to check out Bryt Software, it was a real game changer for us.   

Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!

I checked the lender web site and they show my payments correctly.

Guests are used to cleaning fees, so adjusting it to match the actual expense is reasonable.It’s also helpful to check comparable listings in your area to see what other hosts are charging.

If you need a reliable turnover cleaning company check out Opti Cleaning Solutions.

I have a property manager, but my checks are only a few hundred a month if I'm lucky after all the fees and expenses.

Check with an agent in your area, but i'm willing to bet the comps wouldn't change drastically between the two.