Now it's a long term rental with under market rent which still nets 40% annual cash on cash return.

I am trying to decide between MN Property Nerds and Twin Cities Leasing for managing my long term rental in St Paul Minnesota.This is an out of state investment for me, and I also need help with tenant placement.

It sounds good to use, but what do you do after that in terms of ownership?

We can lend under 100k as long as the property appraises 100k+.

But our ultimate goal is a large portfolio of long-term rentals (100+ units).

Thanks a lot, what about a conventional loan, non owner occupied, putting 5%-15% down on a first multi family, how long before i can get another home?

The City does not currently have regulations or allowances for land use known as “short-term rental.”

How long have you been an investor?

I would like to add what qualifies you are a short term rental investor that can take advantage of this "loophole" below: The short-term rental (STR) tax loophole allows property owners to classify rental income as non-passive, enabling them to take advantage of certain tax benefits even if they don't qualify for Real Estate Professional Status (REPS).

I plan to acquire an STR property in West Africa. Will this property qualify for all the tax benefits of STR? What documentation will I need to provide to the IRS in the event there are any audits?