*None of my original posts, forum responses, private messages, or any other dialogue via any other methods of communication should be construed as tax advice.

Those same restrictions can have positive long term investment trends by creating a higher barrier to entry for new investors, and theoretically greater return or demand for those that are operating.

When your tenant renews their lease and the rent increases, the handling of the last month's rent can vary depending on the terms of your lease agreement and local laws.

Originally posted by Wes S.: Tenants can throw a rug and take their stains and smells with them when they move out...

**Essential Clauses**: What are the must-have clauses in a medium-term rental agreement?

The other lesson I learned is that the right fit for me in this investing process is to long term hold the properties I purchase, rather than flip them, unless market conditions are so good that flipping makes sense.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Originally posted by @Matt Kitchen:So I am a broker and investor, I live in a SFH, but I allow pets in my rentals.

Even if it is not a requirement to have a high credit score for approval most asset-based lenders will use the credit score to determine your rates and terms based on your risk factor.

I have a Condo In the area and want to rent out for 6 month terms.

I think the medium term rental strategy would work well here.