It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….

To get the answer, you have to learn how to analyze markets to find those micro-markets...like every other REI has done in the past, still does today, and will do in the future.

In your experience, do you find that it's possible to cashflow or at least break even with these properties and today's prices/rates?

The house is currently listed today, mold is contained under the house.

PS  flying to DCA today LOL  looks like I will make it had to pull all my warm cloths out of my closet. 

Is SubTo a major part of your business today? 

As of today I own 13 doors; 3 of them UD student rentals and the rest in Wilmington.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

Working with a property manager will give you a lot of hands-on experience in the day-to-day of managing properties. 

I was trying to use the basic version today and uploaded some records and it looks like I can do anything with it!