This also generates short term revenue, but it is pretty intensive, and (in my opinion) not the best strategy for par time investors that do not have a strong affinity with the industry (like for example that are already realtors, or contractors etc.) but that is an opinion.Then there are also investors who seek short term tax relief by buying a portfolio of properties that while not very profitable are in locations that will probably over time see a very nice growth in equity.

Overall though, while GRT is a pain,  we have found NM is good place to do business in the rental market. 

Including utilities in the rent could be a pain down the road. 

That period between increased valuations and being able to increase rents is painful. 

I'm sure dealing with these small town halls is going to be a pain so I'm hoping someone can give me a hand.

@Eric D.I hear your pain man!

We haven't done business together as of yet, I do know your pain, ( As I have dealt with plenty of them myself), but to dismiss all of us would be a mistake. 

Either way i figured getting at least my first real investment other then my personal home going and start going thru some of the growing pains was the right direction. 

Evictions are a PAIN here.Tim

Hey @Akash Y.Actually I didn't - I talked to a bunch of people and it seemed like remote management of short-term rentals could be a pain.