I’ve seen firsthand how house hacking can be a powerful strategy for building cash flow and wealth, especially in multi-family properties like the 4-plex you’re targeting.

Understanding the target market for short-term rentals is crucial to achieving high occupancy and maximizing returns.

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

My other investments focus on the mid-term rental space, and I’m drawn to Jacksonville to stay near hospitals and schools, which are essential for my target demographic.I’d love insights on the strength of the current market here, any projected trends, and tips for making a solid investment in this location.

While there are many options on the market, targeting neighborhoods with consistent renter demand and investing in well-maintained properties will help you attract tenants more quickly and reduce vacancy risk.

I teach how to establish credibility through my concept, The 3 Pillars of Conversion, which I’ve developed to help clients succeed regardless of location or age—as long as they target the right audience.Lastly: You’ve accused me of “selling SEO.”

I decided to run IRR (Internal Rate of Return) calculations for the SFR (single-family residence) investing in order compare with the IRR targets I see proposed by syndication operators.

That's the reason we target distressed properties.

Do you think Whole Foods, Walmart, or Target decides on a location because someone in management thinks this is a good location?

@Jahid M.Starting a rental business involves researching local regulations, using platforms like Airbnb and VRBO for short-term rentals, targeting mid-term rentals like traveling nurses or business professionals, and considering Section 8 tenants for stable income.