in what I just laid out, you'd make monthly payments to the seller just like you would to a bank for 5 years, and then the remaining principal balance of the loan would be due, at which time presumably you would refinance the house into a commercial mortgage and use the proceeds to pay off the seller. 

Welcome to the forums Raymond!

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.

Quote from @Brian Clark: Looking to network in Southern Maine to learn and share about long term rental properties. 

Do you structure your leases to turn over in the summer if they start in the winter?

They are up 30% in the past 12 months.

The trade off course for STR route is more management/cleaning of guests coming and going/risk of no bookings vs not needing to deal with long term renters months at a time if that once they move in.

Offer multiple months of advanced rent.

The bill would restrict self-storage facilities from raising rent more than once every three months.

Surround Yourself with the Right PeopleThis one took me a while to figure out.