We're starting a first short-term rental property within close proximity of San Antonio Medical center. We were wondering if you had any tips in general for beginner short-term rental, checklists, resources, and for those familiar in San Antonio, Texas. Is this a good area to rent, etc.. what are the pains and the wins of the area.
On another note, is AirDNA worth the money, has anyone used it?
Instead of daily rentals, you might think about 30 day minimum. If you are close to the med center, there are plenty of nurses who stay 3 month contracts. They pay about what you would get for a monthly person on airbnb. It so much LESS work when they are there for a month or even 3 months.
We just rented a 1br on Fredericksburg Rd two blocks from Medical Dr. for 920 and rent it out for 1800. We spent about 3k on furniture, sheets, kitchen stuff, etc. After electric, water, we net about 700 per month.