So, I came accross a short term rental market analysis report for the city of Fresno, and found a really interesting chart representing the seasonality of the short term rentals. 

*Newbie Investor I’m currently looking to buy a long term rental with minimal renovations in North Carolina and chose Fayetteville as my main area of interest.

A great cash flowing property that we sold for an incredible short term return.

You might also be able to employ a short term rental strategy to increase cashflow-- sporting events, conferences, homecomings, graduation, etc. always attract people to the area.Ask around and try to find people who are investing in Amherst/Northampton and connect with agents in the area to see what's working.

The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.

I'm local to Houston as well and develop small multifamily for long term holds. 

Are these attractive terms for a housing market that appreciates on average 6%?

We are experiencing a decline in rental prices both for annual and short-term rentals.

That's significant growth.However, consider these points:Make sure you have reserves for unexpected repairs or vacancies across all properties - THIS IS KEYRun the numbers carefully on the potential house hack and multi-family to ensure they make financial sense.Consider the long-term strategy: Will the potential appreciation and equity build-up in the new properties outweigh the increased costs on the Farmington condo?

Must be kept on a short leash while on grounds or in common areas.