Only issue might be the budget.I think the two main questions I’m trying to answer for now are: 1) Do I want to do short term rentals to increase chase flows or long term so it’s a bit less day-to-day work?

Are you able to increase your credit?

And I am at significant financial loss every month.

Financially it wasn't the best decision but emotionally it made sense!

I see investors discussing a long list of headaches for a small $200k single family and the financial return often isn't worth it.

*data provided by Washoe county assessorThe rental market in the Reno/Sparks area experienced a slight increase in rental rates in Q4 compared to the previous quarter, decreasing by $41 to $1,612.

How can we increase this in the future?

Granted, I am very fair with rental increases and never come out of left field with increases.

Profit margin was a bit thin on their asking, especially seeing as I felt it needed maybe 15k to bring it up to snuff.Doing that would increase the nightly rate by maybe 15-20%.

Biggest concern is how to gain cash flow in the current economy with high house prices, increasing interest rates and flat rental rates.