It’s a short-term option, typically 12 months, that can provide the flexibility and funding needed for a $150K renovation.Here's why it could be a great fit:-No prepayment penalties — so you can sell or refinance without penalties.

Since it was my first duplex, I thought having one short term and one long term rental would be good.

Hello,I am in the Tampa Bay area and I own a quadplex. I also manage another 10 units. I am seeing a decrease in nightly price and demand for these units. Any insight? Anything I am doing wrong? I do not make enough m...

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

Truckee has some tight STR laws and if you're in that game I'd stay.  

Do you have a particular system or software that’s been a game-changer for you?

I'm not a fan of selling a property that is performing in order to solve a short term problem.

The quick short answer in my opinion is this: If you want growth stick to the small multis that you know and once the mortgages are paid off retire fully.

If you're looking to buy bigger buildings that's another ball game altogether.My advice: what investing do you feel most confident and excited about?

My wife and I have done all the terms (short, mid, long term rentals) and have done some live in flips.