I have picked up a curiosity and even passion for short-term rentals and hope to own my own STR property in the area of the University I am attending. 

Both single-family houses and multi-family properties offer benefits and drawbacks, so consider your financial status, risk tolerance, and long-term investment objectives.Good luck!

As you mentioned, it's my business and I set the terms.

Looking for ways to keep this property in my portfolio as a long term rental.

Conventional loan How did you add value to the deal?

you cannot terminate the lease because you are the new owner, term is still valid.

***Update Here***Should I keep Or Sale Gut Flip in B- area.If I sale my new flip best I’ll get is 30k after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

. - the best market is one that has properties you want to hold long term.  

So, if the loan is under your LLC that protects your primary home in your personal name. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $112,000

Cash invested: $30,000

Primary residence turned rental