The size of the unit was perfect for Airbnb or travel nurse mid-term rental.

Hello there,I am a first time "out of town" investor, looking into Pittsburgh's Metropolitan for my first deal.I focused mainly on Allegheny county mostly, but having a bit hard time focusing on one specific area.My strategy is to purchase a property for long term rentals.I was hoping to get some insights into attractive areas for first timers such as myself, with good prospects and at reasonable costs?

What are the normal loan terms for a 12-unit if it's not 30 years conventional nor DSCR?

I'm looking to get into the medium-term rental space and I've found a property that fits all my criteria - it's a turn-key 3 bed 1 bath (one bedroom is on the smaller side so I plan to make this more of an office space), located just a 5 minute walk to the largest hospital in the area.I have 2 bedrooms and I was wondering if it's possible/viable to rent out my unit by the room to travel nurses?

Both of these zip codes you mentioned are great options for rentals in terms of class of tenant.

I think VA is a better market in terms of price growth vs MD, and a lot of my investor clients agree.In terms of local networks for mentorship/networking/guidance, there are two I know of in NoVa that I have personally been to:NOVA REI Meetups - they meet at Tysons Mall once a month.Cash Flow Breakfast Clubs - there are a few locations including Arlington, Fairfax, Loudoun, etc.

Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last year before we sold the house in December 2022, we leased it out as a long-term rental for 1-year.

Hi all, I am curious if anyone were to have a rough draft for a cosigner agreement for a long-term tenant lease?

My investment strategy focuses on long-term, low-maintenance SFRs in high-demand areas, aiming for cash flow rates above 7%.The market dynamics can vary significantly from state to state, and even from block to block within a city. 

But if you use a letter of Intent or a contract with plenty of exits for your purchase this can be a huge benefit for you.