Much much grand success to you in your real estate investing endeavors & for taking a big step in the correct direction.

We also use term leases for our furnished units when being rented by out of town professionals or companies.However, in our student rooming house and our "everyday Joe" buildings we rent predominately month-to-month. 

Of course there will be many other factors as well such as location, condition of the property, and room for improvements.

Like square footage, room configuration, etc. 

It costs like $20 per session to cover the room/food/etc.

Hi Everyone, @David Bayon and I  will be showcasing one of his new flip projects at our new Grand Rapids Meetup.

I just put down new bamboo floors that click (Floating floor) and if there was not enough room on the edges of the room for the floor to expand and contract then it makes the floor buckle like that.

@Matt Gehrls,while I respect everyone's opinions here and there is a lot of sage advice for sure, one of the things that I think a few people that are a little further away from you might not understand is the strength of the Grand Rapids market right now. 

Suggest you have this conversation with your attorney, your CPA, your insurance agent, and your estate planner -- preferably with all in the room at the same time.

If you're looking to house hack, I would look to get a single family for 200-250k and rent the upstairs or just one room.