John rents out the property for 40 days in 2020, and uses it personally 20 days.  

I do not have any 1 BR STRs/MTRs but I have seen annual STR rents based on bedroom count in both my market (San Diego) and emerald coast (one of the markets I have made offers) and the difference in the income is substantial between 2 BR and 1 BR.  

The good part is I have access to MLS the bad part is I'm struggling with finding houses below market value as prices in the area are already incredibly inflated.

We use one of the units for ourselves and rent the other (3) for 30+ day stays. 

1. houses are for like 350,000 - 425,000 in Minnesota with rent from 1,800 - 3,300 so if I get a property for 415,000 with about 5,000 in rehab and rent for about 3,000 is this a good deal and how do I know what a good deal is? 

otherwise I would refi and rent then until the market improves.

4️⃣ Inflation's Double-Edged Sword: Inflation means various things for real estate investors.

This is the first time that we are renting out to someone for midterm rental.  

Do you pay rent and have a lease? 

While I am fine renting while I search for the right investment, my dream would be to build (for my own personal home).