Guests treat those kinds of bookings differently than a STR vacation home.They are used to being able to cancel the booking 24 hours in advance and all sorts of other things that STRs like ours can't really accommodate.

We have done all kinds of deals on our own ranging from buying, selling, flips, BRRRRs, and now are also invested in commercial properties along with our SFR portfolio.After retiring from the Navy last summer (2023) and working in a corporate office for 18 months, I have made the leap to working for REI Nation, the country's premier turnkey investment property company.

Hey @Matt Stull I am kind of the KY go to REI guy on BP (see bio).

Quote from @Jonathan Soto: great write up. thank you for taking your time and going in to detail. i have been looking into a business for myself but havent seen much in biz bysell that make sense. just need to keep searching Try looking into Crexi and Loopnet too, I find all different kinds of small businesses for sale on those websites compared to Bizbuysell.

I have never had anyone get carried away with using "too many" pods while visiting.  

(accommodate visit for medical reasons) or STR in general for this local market?

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

Here is kind of how I break it out on the residentialOn- Market with agent: 0% Coc or a little less. 

Looking forward to my visit in a couple weeks as we continue our research for an STR in the area. 

In reality, you're not going to want the kind of tenants that want what you have to offer but aren't in a position to buy.