By securing long-term tenants and maintaining the property’s condition, I’ve enjoyed consistent rental income and significant appreciation in property value.

I know that many in the bigger pockets community are more the DIY type and self-manage, but for those of you who have used property managers for your short term rentals, what have been the pros and cons of your experience?

Last thing you need is a spec house sitting on the market too long.

Hi Madhul,Investing in both LTR (Long-Term Rentals) and STR (Short-Term Rentals) can be a great strategy, especially with substantial capital.

This is just the price of the option and I prefer the term because deposit often carries other definitions and expectations.

All of those are "part of doing business". 3 years, 7 Airbnbs and hundreds of guests later I'm still a proud host and a big fan of the mid-term / short-term model!

I work full-time as a CPA audit manager at a Big 4 public accounting firm, and in my free time I would love to help and learn from an experienced investor with strategies similar to what I’m interested in (appreciation, single family (potential multi family), mid-term rental (potential short-term)).Open to any advice as well on how to make my first leap into actual investing!

Those costs factor into the investment and I think technology is going to go a long way in reducing the costs for vendors, lowering the costs for buyers and helping Roofstock bring about a better experience for the investor.  

They also don't factor in how long properties are sitting vacant at that price and also don't factor in how long tenants stay at that price.

How do you estimate just how many residents will stay long term vs. decide to leave or perhaps pass away during their stay?