**Rental Income Potential**: The property generates a monthly rental income of $4475, ensuring a sustainable cash flow with an expected growth through yearly rental increases.factors that made this deal attractive:1.

Exploring alternative revenue streams, such as short-term rentals or mixed-use developments, can increase cash flow and diversify income sources.

Anyone has experience doing mid-term rental in this SA for travel nurses?

Hey there,Does anyone here have experience in running a mid-term rental in Philadelphia?

I just purchased my first rental in the area.

In talking with people already in the game, many have told us that long term rentals right now are not a great option due to high home prices and higher interest rates; they would be very hard to cashflow aside from a sizeable down payment.What these same people have recommended is fixing and flipping right now, since homes are still selling.

I’m considering it more and more but I feel I should stick with the area I’m familiar with and play it safe for my first rental.

Take your gross rental income and subtract it by your PITI and thats your cash flow.

Ditch the HOA-based rentals, even if it's a house.

Mixed usages, such as a furnished mid term rental of one unit or vacation rental usage (where permitted) is also an excellent way to boost revenue.