This strategy helped a Phoenix investor rank higher in the “Group Stays” category.A/B testing is another essential step.

Plus, professional management companies often have tools and strategies to maximize occupancy and revenue, which can offset their fees.

If anyone has experience renting to traveling nurses—or insights about short-term room rentals in Tampa—I’d be grateful for your thoughts and suggestions.Thank you in advance for your help!

Your best bet would be to find a portfolio lender whose niche aligns with your investment strategy.

And finding a home that needs a good renovation and mixing it with these other strategies really helps.As far as areas go, easier to cashflow on the outer suburbs of Raleigh and on the Durham side of the triangle.

Then plan and design how you're going to deploy that cash via what strategy your wife and you have confidence in.I use a excel or google doc and my first sheet would layout all of the details of the sale including all costs that go into getting closed.

I got into RE investing utilizing the same strategy as you're exploring.

It sounds like you're at a crossroads between two strategies—both of which have valid points.

If you hate the process of placing tenants, it may be worth it to hire a property manager to handle tenant placement for you.I think finding a new tenant is a better long term strategy if you're confident you can find a higher quality tenant that will cause you fewer headaches.

This doesn't seem like a good marketing strategy to me though.