Now that it has been rented and rehabbed, I am refinancing the property with a traditional bank to hold long term.

If you plan on renting year round, you want to be mindful of occ. rate as certain areas in FL is not most have seasonality rates that vary during snow bird season and summer timeAnnual Revenue$31,067Average Daily Rate$165Occupancy Rate52%

Adaptive reuse of other asset classes to traditional multi-family seems to becoming more popular in Jackson and the surrounding areas as well.

It’s also been really cold and snowed a few times so that probably hasn’t helped.

@Chauncy Gray I just converted 1 traditional rentals to STR.

Have since converted my traditional rentals to STR’s.

The "traditional turnkey" doesn't necessarily work here.

If you're doing traditional rentals then southwest Little Rock is a great market if you want cash flow.

There is something called a roth conversion ladder where you can transfer funds from a traditional to a roth.

@Dewayne HopewellLikely 20% down + closing costs, and have 6 months of operating expenses in reserve if what a traditional bank will want to see.