You would want to say that you are responsible for the maintenance of the rental unit, repairs etc.

Are there any active rentals in that area in similarly situated collateral?

We have also discussed keeping the property as a rental and just utilizing a HELOC to pursue other deals with the equity in it - there can be downsides to this too. 

Both units are rented as short and medium term rentals.

Hi RichardI am originally from the UK but have lived and worked in Spain since the seventies, I also have over thirty years experience in direct real estate sales and rentals in Spain.

Anyone who self manages a couple rentals and is looking for help is going to be a pain to work with. 

I'd buy some places that are in good condition and would be long term rentals with minimal work.

I am looking for a CPA who has expertise in tax planning for H1B visa holders with real estate investments in rental properties and real estate syndications.

Just got the fresh MLS data for May 2024 for the Milwaukee metro area:- median price for the metro area is now 341k, up 8.1% YTD- we have a chronic rental shortage, rents are up 4.6%- inventory is up a whopping 57% from last yearTake inventory with a grain of salt, because we had almost nothing last year, so 57% more is still not much.

I'd recommend speaking with local investor-friendly agents who can weigh in on YOY property value growth and rental increases for all projections.Lastly, if you are going down the STR route, choose a property/area that will still allow cash flow if the property was used as an LTR.