The key is to find the structure and support needed to set someone up for success.   

I own couple of single home rentals in Tampa Florida and have always wanted to transition from long term to short term rentals.

Our long term strategy is buy and hold owner finance. 

@Justin GarrettWould love to have you at our live event in October talking about your success with the mom and pop strategyBTW it was all youKnowledge plus action equals powerBest Gino

I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and possibly get into medium term rentals.

Also, check the amenities available, that will run the HOA dues too.Location-wise, check whatever will be easier to rent in the long run.Also, depending on how you're comfortable with sharing your apartment, 2 bed could be a great house-hack.

We meet monthly in Long Beach with panels or presentations from other investors, or affiliated professionals like attorneys, managers, contractors, insurance brokers, etc....Check it out.

I have only been successful at finding attorneys who try to stop foreclosures using bankruptcy.

Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms  now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit

Others differences that jump out: loan parameters are stiffer (usually 20 terms on a mortgage instead of 30 year), commercial insurance will be more expensive, appraisals will cost a good bit more.