I've realized that although idaho is long distance for me, it's still a market I'm familiar with and have lots of community in, unlike other areas like arizona and texas.

It's worth about $350,000 and no liens.I was thinking about making it a midterm rental or a short-term rental but it would require quite a bit of work and would require getting a home equity loan.Also considering selling and buying a turnkey str.I do plan on leaving the country and I'm not sure where I'll end up.Would love to hear the pros and cons from all you professionals.

MTRs fall into the standard long term rental( 30 day +) category and will follow those regulations set for Long term rentals.

What’s not working right now is traditional long-term rentals—high interest rates have crushed a lot of those deals.

Why do you think purchase contracts are so long and have such small print?

In terms of structuring the deal you can do it however you want as long as it is legal, ethical and agreed upon by both parties.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

Just remember, Real Estate is a long term investment and you are ultimately enjoying the appreciation and principle reduction. 

I know this thing will pay off in the long run but don’t want to kill myself doing it lol That's why you pay a broker 1-2% to find the best terms and handle the deal for you, lol.

If your long term goals are in business, may as well get a grad degree related to that and I'm sure they have a lot of online options.