To be successful in the MTR space now I think it's important to market to all potential clientele and not solely focus on one group like traveling medical professionals.

Long story short she didn’t have money and I ended up losing a lot potential rental income and having to renovate the entire unit from damages.  

I have been discussing with a friend a potential arrangement for buying a multi-unit property.

I’d look more at the properties long term potential, without knowing anything about the la market or this property, I wouldn’t trade all thing equal a property in la for a bunch of row homes in west Baltimore for instance, however I’d trade just for example a property in a rough part of la for a property in Montgomery county Md.

If you set it up with a car rental service like Turo are likely protecting yourself/car more from potential issues and damage and may be able to keep it off platform and only make it available to your renters (not sure on that last part but just a thought).Also, from a lender perspective it could complicate things if you are looking to refinance one day and have car payments included in the lease payments/on the lease.

My question is, should I sell it now and make $500k+ to reinvest in multiple other properties or wait the unknown amount of time for the property to be sub-dividable and potentially make 3-4x?

Give you a cool place to visit (and potentially write off).

. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central AC systemsInitially, I projected over an 8% cash-on-cash return.

I don't know enough about TX real estate law to be able to fully evaluate the potential moves here.  

.- No Reviews: As hosts we can filter out potential harmful guests using reviews.