And neither of our STRs are low rent houses either, quite the contrary.....OP, I wouldn't stress or over analyze this aspect...of course, plan and keep track (I used an Excel spreadsheet to budget this), but don't even start to obsess about this aspect of the business....it's a nothingburger....

I just bought a 43 unit deal in Greenville SC an excellent market at a 5.2% cap and feel fortunate to find it.

Generally, prices have been on an upward trajectory but below are areas that have seen double digit percentage growths.

@Daniel Smyth excellent points and feedback.

RE professionals can group their properties and make all those "active" if they meet the material participation rules and keep excellent records.

This LLC is 7 months old and we have excellent credit personally.

:Excellent share, Danette.People often assume (or claim) short-term rentals earn a lot more than long-term rentals.

The networking was excellent at DML. 

Any excel spread sheets that could help?

My wife, daughter, and I live upstairs, and we found a fantastic couple to rent downstairs.My wife was not into this idea at first, and I had to make several charts in Excel to demonstrate to her how advantageous buying an owner-occupied duplex is.What convinced her were the following images.