I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and possibly get into medium term rentals.

Places like Maplewood, Richmond Heights, Affton, etc. would be where I would start (if looking at long term rentals).

Others differences that jump out: loan parameters are stiffer (usually 20 terms on a mortgage instead of 30 year), commercial insurance will be more expensive, appraisals will cost a good bit more.

Without getting into too much detail, the cost to build right now is astronomically high and this is putting upward pressure on the market.

Long term friendships with local realtors How did you finance this deal?

Hi there,I plan to purchase a short-term rental in Hawaii.

I prefer Airbnb but worst case scenario I could always long term I suppose. 

Am thinking of converting a long term rental to a medium rental. 

With the expansive reach of online real estate data, more people can see more details about a property. 

The only people who benefit are the long term tenants which ultimately hurts investment in the area.