Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

What strategies have worked best for marketing midterm rentals in secondary or smaller markets like Portsmouth?

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.

I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

Use AirDNA.co for market research.Search the immediate area, in "Traveler mode" to see what the competition is doing.All that said, I concur with the general sentiment of the above comments.You are already running tight. 

There's a reason that people try to buy properties off-market and that is because you can find sellers who care more about terms than maximizing returns.So start with a conversation: you already presumably have some rapport since it's your landlord and you've spoken before.

A bit about me: I'm committed to learning the ins and outs of the market, and I'm not afraid to roll up my sleeves and work hard.

I'm a local realtor and would love to connect and chat about the local market.