You are better off getting a Principal and Interest loan since you would be in the low to mid 7s at that PPP term.

Leaning towards staying the course and just holding onto it as a long term investment.Let's say I do plan to hold it, what value do I give the CPA for depreciation? 

Impact on Market Dynamics: Do you think these changes will affect the overall market dynamics, particularly in terms of listings and buyer activity?

It encourages this behavior, increases the odds they will repeat the behavior, increases the odds that another LL will get to experience thus from this tenant, and in the long term increases the chance it will happen to you again. 

•Long-term appreciation and tax benefits from holding properties.

We originally hoped to rent as a mid term rental in a smaller town with a hospital, but the market quickly became oversaturated for the small demand so we decided to shift to long term rentals on both sides.

Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

You would have to get a relatively short term loan (5 years or variable) to buy the property and fix it up.

Utilize tools like BiggerPockets Self Storage Calculator for competitive offer terms.

If you are interested, we have an in-person event coming up this Saturday where we are diving in to AirBnB / Short-term rentals in Chicago.