Purchase price: $104,000 Cash invested: $20,000 Deal Deep Dive: Strategy: Buy and Hold Mid-Term Rental Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.

How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.

Did you know that short-term rentals only account for 15% of the stays for travelers?

You probably shouldn't be wholesaling unless you are partenred with someone who trully knows what they are doing, otherwise you are just messing with people's (sellers) lives.

.$200k seller financed at 10% interest. $100k down payment.Repair costs: Est: $88,000 Budget: $106,000Roof/gutter repair, landscaping, parking lot repair, electrical repair, Interior work including bathrooms, drywall, mold remediation.After repair value: $900,000The plan is to do a 50% cash-out refinance.

I have the opportunity to buy from a motivated seller. 1 acre with four lots consisting of 3x POHs and 1x TOHs, plus a single detached garage that can be rented out as a mechanic shop.

So long story short, I'm 50% owner on many properties and 25 - 49% owner on remaining properties. 

I just invested in a property out-of-state coming from the NYC area as well.My first piece of advice to you is to figure out what your short-term and long-term goals are with investing before you jump right in.

Regarding finance, strategies such as seller finance, sub 2, and no money down are far and few between.

Hey @Ingo Bothe, Indeed STR can give great tax benefits for folks looking to do the "short term rental loophole".