That's the thing, whenever you use a management company to manage your rentals, whether they are long-term or short-term, the fees cut a big chunk of your profits.

I gave the number to the code enforcer in hopes they respond to him  You're probably right, the old PM may be long gone.

Last year, I bought a church and a parsonage.

Myself as a realtor pre vet its completely legal as long as not based on a protected class such as race etc. 

For example look at the zip code you are building in, for a recent new build in columbus that we do since miami is expensive we pulled all these stats: Zip Code Statistics: 43206Housing Units Delivered: 8 Average Sale Price: 642,875Median Sale Price: 505,000Average Price Per Sq Ft: $316.40Average Square Feet: 2172 Sq FtAverage Bedrooms: 3.25Average Bathrooms: 2.75Average Days on Market: 138We design the house around this, around the lot, around the neighborhood, from scratch and try to pick a long term build design that will do well.

@Julie Muse My end goal is to rent the house out long term and cash out refinance into another property.

After 2 Duplexes ($80,000), we left with $320,000 so we want to buy another 2 Duplexes (same price) with 25% down payment ($112,500/each) since we are not living there for long-term rental which left us with $95,000 left.

Team,Im having a tough time finding an insurance provider for my medium term rental in Pittsburgh and I'm looking for suggestions.I own the building (triplex) where 2/3 units are traditional long term rentals, and 1x unit is a medium term rental.

So I started from scratch 3 years ago and purchased one by one 10 rental single family houses in the last 3 years, all in my 20 miles neighbouring environment upstate NY.

People much much wiser than I, always remind me, true wealth is built in the long-term.