Prior to that, I would have made about 60K a year cash flow and another 40K principal pay down.I could easily live off that if I relocate to a lower cost of living area like I plan to, because I live modestly, a used Toyota, no fancy stuff, cheap dinners out.But recently I started considering the tax free strategy of cash out refinancing periodically to live off that equity tax free.

Are you looking to relocate from your current home?

Thanks everyone for the quick reply and feedback, i am in Massachusetts but most probably relocating to Palm Springs California next year.

We charge 20% for MTR management and part of our value add is giving our clients access to higher priced bookings from relocation companines working with insurance companies and our corporate contacts. 

I currently live in the Jersey/NYC area but am looking to potentially sell my current home in Jersey and relocate somewhere with nicer weather and somewhere where I can get homes for cheaper that give a little more bang for the buck.

I recommend pausing until you decide whether to relocate and save the $25K for any needs in the transition.If you own your current residence, I recommend renting it as a short- or long-term as well.Once you're settled, I would re-engage on the investment property.Happy spouse...happy house. 

They might be willing to pay slightly more than LTR, but I think if you want 2x-3x LTR they end up sending them to extended stay hotels from what I see.20 years ago many companies gave some nice housing allowances to people relocating, but seems like most of the time now, if they get some kind of relocation assistance, it's more like a flat fee $5000-$10K-$20K and they can spend that however they want....STR, LTR, MTR, extended stay hotel, moving van.   

Columbus is a city in a state of constant growth, with several major companies slated to relocate to the area in the upcoming years, creating thousands of job opportunities and attracting new residents.

I need to relocate on my job change.

It may work out as a MTR but you will have to hire a manager who can target the right community that needs a property of that size (Relocation, Corporate).....and that will drain away alot of the profit you get from MTR over LTR.