It currently is tenant occupied until October 2024 and after they move out I plan to use as a short term rental.

I'm particularly passionate about Mid-term and Long-term Rentals.Outside of real estate, I enjoy reading and going to concerts.Excited to learn and connect with you all!

Their return from appreciation would have no benefit of leverage.  

I've seen 100 different structures. there's bigger players, more capital, a lot depends on the deal, track record, debt amount, returns, pitching to funds is way different. we separate construction financing and long term financing for the clients that build with us and help educate them.

The easy way is to wait the 2 years but this is all about cost benefits.

I’ve started off with buying equity in a new build that cash flows as a mid term rental.

I have a deal in my hands of 7 mobile homes all on separate .25 acre lots and all rented out to long term tenants.

Do you have an idea of the short term rental regulations in the SLC?

So the long term average will be more important, but you will not know that for awhile.

Average vacancy term on a renovation project: 3-6 mos. unless severely damaged (i.e. fire).