Hampton Roads is indeed a unique market with its military presence, providing a steady rental demand and some interesting investment opportunities.Looking forward to learning and connecting with you too!

Depending on credit history and how the property would perform from a rental income standpoint you may have access to up to 85% financing on an investment property 1-4 unit purchase. 

Those 4 tend to be the most popular sites for mid term rental listings.

To protect my investment I always get a Home Warranty for rentals.  

For a rental, I can see replacing or repairing a unit being deductible as expenses and property improvements.If I am going to be wealthy someday, I do not want to have to wait two weeks for someone to fix my AC when it goes out in my house, and I do not want this for my renters either.

To me the interior looks fine and has plenty of rental life.

Some other great resources I recommend as a real estate investor myself are: "Rich Dad Poor Dad" by Robert Kiyosaki, REtipster (www.retipster.com), and Rental Income Podcast with Dan Lane.

But then, as short-term rentals became ever more popular, Americans tourists started thinking wait a second "We're paying so much for staying for a week at that short-term rental.

Purchase price: $194,500 Cash invested: $51,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

My goal is to ensure a positive and stable rental experience for both parties, especially in Colorado's evolving rental market.