Takeaway is having at least 1 medium term guest will yes have lower rent potential but less headache and helps stabilize income.Gross Earnings: $2,200Expenses: $75 supplies (we clean ourselves, takes 10 minutes, and it's right upstairs no biggie)PITI: $2,700We paid $800 including utilities and any little repairs needed to live here.When we move out, we expect to cashflow around $500 a month conservatively.

Real estate is a long-term wealth vehicle, and overall, I would be cautious about how you define overpriced.

Are you saying I can find professional long term  house mates  or travel nurses in those areas? 

Many agents don't know what that is and sometimes they freak out because they think it's a scam.But in terms of the structure it's a simple and often used strategy. 

I heard about Land Geek on a podcast and I'm watching his free videos on the website and I understand the general process but I'm wondering if you found a course that is helpful and provides some of the details.

LegoffWe sell after origination our real estate loans interest only 12 month terms Rates are 12%+

Over the years, I've gained invaluable insights from this incredible community, and I'm eager to contribute and give back.As the founder of Data Led Designs, I specialize in business intelligence and interior design, focusing on leveraging detailed data to inform STR investment decisions across the US.

Hard to say for sure without know a bit more details

Are these loan terms competitive?

It would be in line with the typical theory that sfh are going to generally get a more long term, serious, “pride of ownership” type resident..but it’s not always the case…good screening is a better strategy than avoiding mf..in my opinion