The property was dirty and needed a few updates to attract renters.

List your property on corporate rental sites like Blueground, Zeus Living, and Furnished Finder to attract high-income tenants. 

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

I usually use the FMRs for the area as a minimum rent, but if you can attract non-S8 tenants, that works too.Can you share any numbers on the opportunity: purchase price/door, any rehab costs, ARV? 

Choose a designer who understands what attracts high-paying guests and maximizes your revenue.2.

Since you already own the land, you’re saving on a significant expense that often makes mobile home rentals so attractive.

If you can only attract voucher recipients either the rent amount you are requesting or the condition is sub par.

I don't think making this a nice remodel is going to help since you're likely not attracting the caliber tenants that's willing to pay more for something nicer... that tenant is looking to live in this area.Now, if you went the Section 8 route you might be able to push to the $1,300 - $1,400/mo range.

I want to work with great people, build long-lasting relationships, and help them grow their wealth while doing what I love.Here’s where I could use your insights:Raising Capital: What’s the best approach for attracting investors who are interested in partnering on real estate development and redevelopment deals?

The reason why cheap Midwest markets look attractive to the novice investor is because the savvy investor doesn't want to invest in that market.