Our mid-term in the south loop of Chicago is a 1 bed 1 bath about 550 square feet with no amenities...it's honestly perfect for the situation.

It's been said before, but it's worth repeating: don’t waste your time and money searching for the 'perfect' market.

Short term rental homes/units drive up the price of homes faster than primary residences and long term rentals.Shifting from long to short in some locations is perfectly reasonable, however I highly recommend you check out your local city's ordnances discussing the requirements for short term rentals.

Perfect, thanks for your insights.  

When the tenant moved out and the unit became vacant they told me it was cleaned and in perfect shape to put on the market again.

This is perfect if you’re using the BRRRR strategy and want to access equity sooner rather than later.Working with a lender that specializes in non-QM loans for foreign nationals can help you get favorable terms and streamline the process.

At the end of the day, you can make a lot of different places work, but nowhere is going to be perfect. 

No one with a long history or time in RE has created  perfection myself included.

Although this data does not demonstrate causation, it indicates that Houston is amassing data to bolster its upcoming regulations and ensure they withstand legal challenges, mirroring the successful strategy employed by Arlington.As Houston steps into new STR regulations, now is the perfect time for STR operators to craft a proactive strategy, ensuring readiness and resilience in this evolving market.Lee Hampton, Builder | Developer | STR Operator | Former P&Z Commissioner

Nashville is a fantastic area for both, with strong rental demand and plenty of opportunities for single-family and multi-family investments.I specialize in DSCR loans (Debt Service Coverage Ratio), which could be a perfect fit for your buy-and-hold goals, especially if you're planning to grow your portfolio.