Obviously it depends on the comps, but generally speaking over improved properties don’t necessarily bring in very much more rent (maybe 5% more), but they do get more applicants and rent quicker (unless they are overpriced, then they will sit).

Our rental application says it will be required upon lease signing, so they know in advance if they will agree to purchase it or not.

For one tenant that had a cat (inherited tenant and the only cat I've allowed), I had to soak slab with enzyme cleaner, didn't work well, then soaked in vinegar, replaced subfloor boards upstairs, replace trim all around flooring -- it's a huge undertaking requiring multiple applications.     

Question for the community: is this a good area & is anyone getting a good return on investment?

Hi BiggerPockets Community, Specifically Our Rookie Real Estate Investors!

Hey BiggerPockets community!

They are much more reasonable and are more intertwined in a community than some lender states away.

Currently there are 3 applications but not promising yet.Thx!!

Short term rentals impose costs on the local community (parking, noise, increased demands on infrastructure), so regulation is completely justified.

I’m new to the BiggerPockets community and I’m born and raised in Minot, ND.