If its something on the MLS really triple check those numbers...

On average, a STR can triple your returns vs a LTR.

I have a great general manager still running the masonry business back in Odessa and the commercial buildings are all leased out (triple net!)

it tripled in few years.

It really is all about the NOI and the CAP rate.As to your other point on the cash flow tripling after a conversion...

We had a tenant the first year, but we were able to nearly triple our income by Airbnb-ing it since.At the same time, we have friends that bought a vacation home in St.

He asked if I would take out a mortgage and buy his house, which would afford him the cash to pay the back taxes and finish the rehab, upon which he would then have me sell the house at fair market value, approximately triple the amount he is selling it to me for.

If you want something to cash flow positive over a calendar year in FL, understand you will be living in the house during the busiest, craziest vacationing point of the year in December when rents for airBnB’s triple for Xmas and new years.

That said, if I were renting a duplex, triple, or quad where I was living in one of the units, I would be even more strict about what tenant(s) I approve to live beside, under, or (worse) above me.

@John Porter , you can earn 10-15% cash on cash net with STVRs in Pigeon Forge/Gatlinburg area with Master lease/ triple net lease of property to a business manager.