While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

Take care and keep kicking ***!

We actually have the option to STR on a few of our properties and decline to do so because we make more money than an LTR on our medium-term rental with a lot less work than an STR.The pros to medium-term rentals: high occupancy rate, no local regulation issues if you are 30+ days, elevated rents, more and more people are staying longer, often the midterm rental tenant pool is professional. 

Get more involved and don't care about rate buy downs and closing costs assistance they will do whatever they can to get a deal done but they are the ones eating not you. 

We were able to manage the property ourselves for 6 months and eventually decided to hire a property manager to take overDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

However, it's important to consider the risks involved, including over-leveraging, the costs associated with rehab, potential vacancies, and the complexities of managing multiple rental properties.Given your conservative investment approach, it's essential to carefully assess these factors and perhaps start with one additional property to get a feel for the process before scaling up.

I've got other loans that I would get 4-5% CoC returns so I wouldn't care to pay them down. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not worth my time to chase them down or store their junk and if they left it behind, they clearly don't care enough about it.

While the tenant believes it's dry enough and livable, it's crucial to have a professional mitigation company evaluate the situation thoroughly.