Ideally, closer to the main strip such as some restaurants on Commonwealth or especially on Mount Vernon.We are doing the mid-term rental route on Airbnb.

You agreed to change the move-in date to mid-October, so until they fail to meet that date your "feelings" about them don't give you the right to take any action.It isn't reasonable in any way to break an agreement because of how the other party communicates.

Thats the line of thinking I was going down.In my number crunching, I plug into my spreadsheet a cost that is mid way between asking and my best estimate on ACTUAL cashflow value.

I work for corporate America and looking for an exit strategy as I enter my mid 50s. 

(My assumption is it may be tough to prove enough material participation if using someone local to manage.)Two things worth noting:1- I'll be discussing with my CPA in-depth soon, but would like to hear other's experiences on this.2 - The main reasons I'm looking to STR's is the tax benefits (Cost-Seg) & appreciation that comes with buying in these areas opposed to the mid-west where I look for long-term rentals..

Places that have little to no appreciation upside above the rate of inflation or a well executed purchase for a short term, mid term, or rent by the room strategy. 

@William Johnny - I'm local to Philadelphia suburbs and have been investing in SFH for a while and within the past two years investing in small-mid sized multifamily.

Hi Amanda,I recently converted a mid-term rental into a Sober Living.

I have a unit turning over start mid this month.  

If this happens again with the most recent report, it could indeed alter market expectations for the Fed's mid-term trajectory, potentially putting aggressive rate cuts back on the table.In the short term, though, the market reacts strongly to the initial data, and the Fed remains in a "higher for longer" stance regarding rates.