Moving forward, I'll focus on properties with higher days on the market, which is something I should've been doing from the start.

Last thing you want to do is rent your place out to someone that's had multiple evictions and has income/credit issues

If you are doing mid term rentals or you’re doing a similar strategy in Tucson or just want to learn about it please reach out!

Plus it’s an area we frequently visit and pay someone else to stay on their property so we would like to get some personal use out of it as well.

I really don't know if I should sale it or rented out and do a DSCR, Rent will be around $1450.

I’m just worried it won’t cover my cost to pay my lender back for the flip and I would have to come out of pocket or sell the house for minimal gain. 

How did you find this deal and how did you negotiate it?

Is it expensive to create?

Are you interested in doing so in the near future?

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?