STRs can offer high rental income and flexibility, but they come with management responsibilities, regulatory challenges, and market fluctuations.

So i guess what i was trying to say was its the highest median income as well as the safest ZIPCODE in that county?

I wasn’t sure what I need to do to be able to take my 1099 income and right it off with my long and mid term rentals?

I'm a property tax professional (reducing taxes for commercial property owners) living in Northern Kentucky.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This change marks a departure from the trend since mid-2022, where private buyers led acquisitions as REITs and institutional investors reduced their exposure.

This way, you can have passive income coming in from multiple properties regardless of where you are living at the time.Ultimately, the best strategy for you will depend on your long-term goals, risk tolerance, and level of involvement you want in managing the properties.

I only received verbal information on annual income and credit score of the tenant.

Rates vary for commercial loans, your amortization might also be different - it depends on the bank though, but the appraisal and value of the building depends mostly on the operating income rather than comps.

It's going to reduce your potential renter pool and they're not going to pay top dollar so just keep that in mind.