Everyone is telling me that the majority of the time they dont take the LTO to term.

Okay so is there a need for an LLC which has some terms in the operating agreement? 

Had excellent success self-managing as an Airbnb in the winter months and switching to a mid-term rental the summer months.

My wife and I have done all the terms (short, mid, long term rentals) and have done some live in flips.

I am interested in potentially buying a trailer park as the investment is in the land and the tenants rent the lot, bringing their own asset (mobile home) to the location and typically, they stay for the long term. any invoice for a new real estate investor trying to get into this business?

While cash flow is always a plus, I prioritize long-term appreciation as a key factor in building lasting wealth.I’ve noticed that many investors focus solely on cash flow without considering long-term wealth creation.

I'm ecstatic to have just secured a fantastic new short-term rental property and I'm eager to collaborate with experts to transform it into a stunning haven.

You might also delay refinancing until the property value or rent increases, which could secure better terms or higher returns.

We do long-term rentals and practice BRRRR on every deal.

Understanding cash flow and loan terms will help you manage payments.