Maybe operate it as a mid-term/short-term rental?

Do they qualify for a DSCR loan with estimated market rents (use long term average rents, not suped up STR or MTR rental income to be safe).

On top of that insurance for the units went up and so did property taxes so what was once a very profitable commercial rental has turned into my worst performer. 

Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline), and I'm looking to finally get into serial flipping.

Primary has around 300K equity, and different rental (has renter) only about 50k equity (about 70% LTV). 

Get ready to spend some serious time shopping insurance and make sure to get rental income replacement coverage in case of a loss.  

I've been self managing our STR in Davenport for the last 2 yrs and don't know how to drive more rentals.

Looking to buy and manage a short-term rental in East Boston or South Boston?

Will this be a furnished rental?

For example, I want to know the cost needed to do a basic improvement (for a rental), a medium level improvement (live there) or a luxury rehab (use it as an airbnb).