This is important because you should have an idea of which locations you'll be able to cashflow a property versus the neighborhoods where it may not be about a positive cashflow it may just be about reducing your mortgage by having tenants.Bottom line- Start your journey by researching the market before you move there so when it's time to pull the trigger you'll be making smart offers

It's good for any parts of the US.   

In some jurisdcitions they are talking about life time leases that can't be terminated unless there is a lease violation and are automatically renewed, don't know how FHA would look st those situtions. 

If you could configure the bedrooms to be able to sleep 8-10+ people, your ADR could increase even further from there.However, if you go the STR route, make sure you factor in the time commitment it will take to manage the property. 

Is there any standard paperwork I need to sign with a troublesome tenant who, after long negotiations, moved out on time?

I’m committed to house hacking since I can only afford a place with a primary resident loan.Has anyone employed the mid-term rental strategy while house hacking?

This quick and profitable transaction underscored our ability to efficiently manage real estate investments, delivering strong results for our partners while minimizing time and financial inputs.

So as you all can imagine, I've been exposed to the risk more than once, but also to the rewards.Outside of real estate, I enjoy spending time with my wife and family, enjoying the outdoors, traveling when possible.

What is the best tool you use as a real estate entrepreneur that would have saved of a lot of time and money at the beginning of your journey?

Also note that at first I was nervous about vacancies b/c I marketed it and then it sat for a bit but it seems travel nurses book very close to the the time they actually will be in the area, about 2 weeks out from move in date.