It does happen, particularly when renting to travel nurses who are at risk of having their contracts shortened by the hospitals or recruiting agencies.

And the ability to adapt is critical: we have seen so many STRs pop up in Milwaukee over the last years, that only the best thrive.Speaking of it: next week at RPA-CON we have a session about STR vs LTR.

If you want to get the most out of your new Pro membership, add a photo, a bio, and some information in your profile so people know they are communicating with a real person.

If you’re concerned about the cash income, you could consider additional safeguards, like a higher security deposit or using a guarantor.

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

I own a few properties in the Los Angeles area with a partner. 

As @Allen Duan said 1-2 bedroom are the sweet spot for traveling nurses, but that being said we have a 4/2 that's stayed booked consistently.

Patricia,  Do you have a team in place in Baltimore that can help advise you?

@Jared Appel - luckily we have a very strong investor community here in Chicago and lots of options. 

When you say you can refinance your VA, have you checked at your total allotment for VA loans.