Let me know if you ever have questions/concerns.

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.

It offers flexibility as a landlord to be able to offer more or less rooms as needed, protection to the landlord in that you can hedge with adding LTR or STR to the mix, and simplification to the business as your only dealing with one address.

The lack of short term rental data available to the appraiser concerns me. 

Do your homework first - then you'll be ready for a more meaningful conversation with a landlord.Best...Thanks for your response. so I have researched the rates and I understand that screening a tenant is crucial. mu biggest concerns are the carrying costs until a tenant is filled as I’ve heard the process can take up to 3 months to find a tenant.

In my STRs the bigger the better as far as bedrooms are concerned.

To address this, the lease will clearly state that any credit will be returned at the end of the lease term.

I don't believe any of the posts above addressed this. 

If you get in and get out with lets say, land, or new construction, or flips or something where your money is deployed in a much shorter duration.. you will still be subject to the whims of the market place but because the duration your funds are deployed and because you arent concerning yourself with tenants theoretically there is 'less risk'.

fpr=1k54qIf you want to DM your address I can provide you with a free report from my tools (bnbcalc and AirDNA pro)