If you are short on funds, consider a HELOC on it so that you avoid changing your current rate.

Landlord and getting educated in short term rentals.

Inching closer to the 7% mark, the 30-year fixed-rate mortgage has climbed to 6.90%, up from 6.77% last week and notably higher than the 6.50% recorded a year ago, according to Freddie Mac data.After a period of smaller rate movements offering some relief to homebuyers, recent signals from the Federal Reserve hinting at delayed rate cuts have sparked an upward trend.Sam Khater, Chief Economist at Freddie Mac, emphasizes that strong economic and inflation data are driving this shift.

Focus all your cash flow on one property.Important to re-invest 100% of the cash flow during the growth period and generate as much ourside capital as possible.

Owner has a set time period to pay the back taxes that you paid back in full or they lose the property.

Has any one made this transition and offered a short or long term rent reduction?

I don't completely agree that short term rentals are having a drastic impact on rental rates- I feel the general housing shortage has a heavier impact on that.

Buy, Rehab, Rent, Refi, Repeat.Decide if you interested in Short/Med/Long Term Rentals.

Additionally you want to model out a vacancy period at the end of each lease term, to be conservative. 6-12 month vacancy factor is common.

I'm actively looking for an investment property to use as a short term rental.