Being so close to the bases, you could make change it at some point from a long-term rental to short-term (for families coming into town) or mid-term (for military contract workers) and that would earn you more.For now, I would keep saving and invest in something else and leave this as it is.

Current acquisition cap rates for commercial properties are in the mid 5’s - mid 6’s.Agree that 3 cap was insane.

We were originally targeting a September 2022 completion date, but now it looks like the front house will be completed April 2023 and the main mid-summer 2023 for the DADU."

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!

My wife and I are thinking about doing mid term rentals so a buy and hold strategy may be the path we choose.

He has not paid October's rent and I have not heard from him since Mid October.

I could see this potentially on a short term rental as we see some significantly larger returns, or just to put down capital on a short term loan and then refi as you mentioned.Have you had any experience or success in a mid-term rental market?

Hi everyone, One of my units has been vacant for 6 weeks now and I want to try to lower the credit score requirement to see if I get more traction.  This is a C class, my minimum requirement is 600. It is not posted b...

You should still be able to get in the mid 5's.