However, since you mentioned this is a mid-term rental strategy, make sure to factor in vacancy rates, seasonal demand, and potential furnishing costs, which can be higher than long-term rentals.What you may also want to consider:Exit Strategy: If rates don’t drop within 12-18 months for your refi, what will your backup plan look like?

Good morning everyone!

Good morning everyone,My name is José and Ive been a BP pro member for a couple of years now.

Cost segs usually benefit short term rentals more than long term rentals.

How long have you been in that market  for ?  

Good luck and feel free to reach out anytime if you have some questions 

To kind of give you a sense of what you are asking, it is like me asking you if Eating Out is a good choice? 

A little background: I live in the Nashville area, currently work as a CPA in corporate finance, and have a couple of rentals that I manage (1 long term and one STR).Thank you in advance for any advice! 

My best deals weren't beautiful, but had good bones and upside potential.Run your numbers carefully.

Sure, in theory, the strategy this investor used might sound clever, but it’s also incredibly risky to rely solely on the compliance of a borrower—especially when they might not fully understand the terms or simply can't agree due to their personal situation.I have tons of ideas that might look good on paper, but I don’t pursue them because I assess the real risks involved.