There wasn't a firm decision that he made at that point in time, hence things were undecided and unsettled. and not at any point in time, Tenant sent a written letter of move out intent/notice until recently, mid-August '24, when I got the first written "move out notice" from him via "email" that he ll vacate the house on Sept 01 and that the payment will be left on the counter.

Hi all - I'm married with one child so far, in my mid-30s.

Hi Wonderful BP Community, I am in the process of acquiring an out of state property for mid term rental.

For the family market, you might want to do VRBO, Booking.com and you could also look at Furnished Finder to at least learn about the mid term market. 

Is short/mid trem rental arbitrage profitable?

The three properties referenced above: a) one turns into a mid-term allowing me to get higher than normal rents that cover everything; b) one turns into a short term; c) the third I focus on getting the highest dollar with short fall of may $100 per month and planning to raise rents in the next few years to cover that eventually.Problems: I have been a long time airbnb user.

Yup I owned 3 homes in Palo Alto I bought in the mid 80s each for well under 500k each.. talk about wishing I never sold LOL

A couple ideas below:- Have tenants pay utilities if they don't already- Refinance into lower rate- Increase rents (or convert to mid term/short term rental or rent by the room)- Call the county tax assessor's office to ensure there was no mistake in the tax increase- Call your insurance broker to get you other quotes- Sell the property and 1031 into a better market that does not have those issues- Self manage if you currently have a property managerHope these help!

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons. 

We're going to do a mid-term/seasonal rental in the house, and a long term rental in the "caretaker" trailer.