My family will occupy one unit, while the other will be available for rent starting in the spring of 2025.

These can boost property appeal and command higher rents.- Short-Term Rentals in Non-Traditional Markets: Secondary markets like Florence, Alabama, are ideal for short-term rentals.

80% LTV, each unit rents at $1,000 - no cash out. 

Get a firm quote before committing.If appreciation is low, ensure rents are strong enough to justify the effort. 

Purchase price: $400,000 Cash invested: $20,000 Sale price: $620,000 Bought near a private university with the plan to live in it before renting it out.

Since getting started we have learned a lot and have built quite a few systems and processes to increase efficiency and maintain consistency within our business. 

Might be a diamond on the rough if you can fix it up and then long-term rent.

And, there are MANY older mobile homes that can be rented very inexpensively. 

Have you checked similar listings in the area to see how quickly they are renting?

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.