But if you would like to take advantage of their rates and terms while at the same time decreasing your tax burden then this post is for you!

@John Mason Assuming you are in a decent part of town, you should have no issue with demand for a medium term rental.

DSCR would be an option, however, if you can qualify for a full a documentation loan your rate and terms (like your upfront closing costs and pre-payment fee that come with most DSCR options) are better with a full doc loan.

Prepayment penalties- usually 1-5 year terms.

Simultaneously, although I underwrite for long-term and that is the fall back, I generally do not have plans to keep long-term because I'm trying to grow differently than you are.Here are a few real examples and I will try to explain the logic.

Thanks Hey mate,You will get a much better ROI if you do it yourself.Higher cashflow and more equity in the deal.Plus, there is no such thing as "passive" even when investing in turnkey.You will still need to manage your portfolio and have a long term strategy in place.Wishing you much success

What consumables do you provide your guests in your short-term rentals?

23% - 30% is normal for a mid term rental or short term rental.

@Michael Chavis Would be happy to connect I've been investing for over 10 years doing complete rehabs, long term, short term, etc.

I've been using Safeco with success, and for short term rentals I use Proper.