The mid-term rental combines short-term rental (i.e., Airbnb) and long-term rental. 

When I  here you going 16 x that makes me think you are buying a really dilapidated property or paying too much for the rehab or some combination of the two.  

We are not doing 10 flips at a time so we can work on a somewhat unique for each property approach.As far as having mood boards, we have done that when we find a style that works so we know where we found what and can recreate the look easily.As far as hiring a designer, I would say unless you are doing a lot of properties, you can better spend that money elsewhere.

I realize its a newer concept and may not be in all markets, but the thought there would be to have the guest go there and give them a unique code to grab the key. 

Below are some more details and a few questions.PROPERTY/LEASE-rural Minnesota town (around 5k people population)-built in 1974-property is in good condition, right on the main street-10 units ranging in sqft-1 unit on a 3 year lease, 7 are on a month-to-month lease (not sure how long they've all been there), and 2 are vacant (yearly rent for these 2 open units combined would be around $22,000)-there is room for about a 5% increase in fair market rent for the units on a month-to-month lease-the expenses paid by the owner are taxes, insurance, utilities, snow removal, cleaning the common areas and minimal maintenance-yearly rent $133,560-yearly NOI of $103,447QUESTIONS-what are people seeing for office/retail CAP rates?

When you first get started, the $125 a month probably doesn’t function as well- as a single repair may be $600-$1,000 on occasion, but as you grow your portfolio, the combined maintenance funds will cover the majority of your basic monthly repairs.  

The HA representative told me today the the $1,211 is the governments portion and the tenants portion combined. 

Less for me to remember.For property taxes, I pay some directly, another is combined with the mortgage.

The two more recent ones (last 10 years), one is more of a townhouse style and because of the condo fees (combined with caps on rent increases) is harder for it to cash flow. 

If I refinance and pull a loan of $800,000, the debt service will eat away my cash flow from the current property and I can't find another property that will combine with the current property to cash flow $4k monthly.Basically, if I refinance I will be cash flow negative from my current net income on the property.Is it better not to refinance in my scenario?