Those who couldn’t keep up with the Blackstone’s and the American Homes for Rent, etc, so while the big guys had rigid guidelines to go by, the small to mediums had to broaden their criteria.To the smaller guys, we actually created a sales letter presenting ourselves as a boutique wholesaling group that would take their criteria and them off market properties that met their requirements.While we got multiple funds that we ended doing business with, we found one group in particular that jumped on our offer.Of the 360+/- deals we did annually, We ended up doing over 300 to the one fund who began putting in monthly orders each time a train h of funds came in.While we didn’t make huge spreads, we made up for that in volume.If you would like to see our sales letter, feel free to message me.

Quote from @Christine Callaghan: Hello Everyone,I have a few single family properties in East Nashville rented with a typical annual lease and I'm trying to decide on whether to try the Medium Term Rental strategy. 

Quote from @Corby Goade: Mid-term or medium-term are not real categories.

The primary purpose of lower interest rates is to increase your positive cash flow, not to reduce your losses.(2) Short-term (STRs) or Medium-term Rentals (MTRs)I suggest you look into short-term or medium-term rentals as they tend to have higher cash flow compared to long-term rentals.

Further, medium term rentals will be highly impacted by economic changes.

This doesn't mean put the property on at $325K and wait 6 months, but the trick is to find the happy medium where 12 people come through the 1st two weeks on market, and one or two are interested.  

DM's are also very tricky mediums to grab people's attention.

All told, it’s too many moving parts for first time flippers.The three cities we chose fit a set of criteria we listed: reasonably affordable median home price, medium-sized market, large percentage of suburban houses, and attractive area for families. 

If your goal is to get 5-10 units fairly quick, i would consider tapping some of your home equity and keeping the rental paid off and cash flowing well.If your goal is to accumulate a small to medium number of properties that are paid off, i would look at banking all of the duplex cash flow for a couple of years and then buy another property.  

I've got to find that happy elusive medium.