That's one way they make more money than a traditional rental.  

The bigger the property, the different the agent on the commercial side.Multifamily in the 10-30 door range Ah ok, so that will usually be a traditional commercial broker.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

I am considering constructing a modular home which should reduce the construction period to 4-6 months versus traditional home construction.

The older parts of the city will have this type of housing as the newer portions will have more traditional family-style living.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

We are seeing co-living investors be able to obtain strong cashflow vs. the traditional long term rental where price points are below $320k or so.I'd pick a sub-market that you have confidence in holding over the next 5 - 10 years.Personally, I like the northern parts of the metro (Kennesaw, Acworth, Cartersville) for LTR and Dekalb, Clayton, Fulton) for Co-living.Feel free to ping me if you'd like to chat - happy to help!

You are the member of the LLC not an s corp or a c corp which owns the LLC - which is more traditional in syndications and other setups

You can charge higher rates than a traditional long-term lease, but ensure your pricing aligns with the demand in your area.Marketing: Platforms like Furnished Finder, Airbnb (for longer stays), and even Zillow can help you get exposure.

We estimate that financing will be about 1% more than going a traditional route.