Also, ensure that they are in compliance with lease terms, i.e. if they have pets, is this allowed?

Hello Everyone,I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

They just get help so everyone hating on this post if you have nothing nice to say, don’t say it at all because you have no idea what you’re talking about in terms of what I’m doing, all I can tell anyone who wants help is how I do what I do and help them find markets just like it.

What a great town.Check out - https://www.cityhs.net/1265/Short-term-Rental-InformationShould have some rules and regs for you to peruse.I will say that lakefront is often restricted or banned for STRs there.

Educating your borrowers about loan terms and financial planning can go a long way in building trust and satisfaction.

Usually, long term speaking, it is best to keep as much property as you can and avoid selling (of course you must be making some sort of cash flow and not underwater)Good luck

Like everything else in Real Estate, you just need to negotiate the terms, length of loan, interest rate, early payoff, etc. 

With that income and currently no debt I was able to get pre-approved for properties in the 300k mark.

If you don't allow them to stay, they will likely need to go to a long term stay hotel or something else similarly expensive PLUS pay for storage for their belongings, PLUS pay to move their belongings twice rather than once.

And I'd also say that medical professionals are just one slice of the pie when it comes to medium-term furnished rental tenants.