Factors such as location, lot size, and zoning significantly impact property value and sales velocity.Let's share insights, challenges, and strategies for success in this dynamic market.

As I get into short-term rentals, I’m curious: What should I look for when picking a location?

I'm living in one of the units and renting out the others.

Have you seen the business financials and previous years rents along with looking at that the banks will want to see its 100% occupied without vacancy to hit a Debt service ratio of 1.25% Minimum in most cases.

There's even a group here for people wanting to rent from smaller landlords...verse lux buildings.  

Currently rents for $2400 on a 12-month lease.

Basically, is property 2 income worth doubling down and keeping  We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month).

How did you determine market rent?

Quote from @Eric Vann: I only pay $800 for 5 rents in NC.

I bought it last year because I thought the price was pretty good considering it's located in Brookline and gives good cash flow.