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Updated 8 months ago on . Most recent reply

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7
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Chris Brooks
  • Flipper/Rehabber
  • South Florida
1
Votes |
7
Posts

Real Estate Play Near Mega Infrastructure Project. Need Your Take.

Chris Brooks
  • Flipper/Rehabber
  • South Florida
Posted

Hey all,

First time poster here. I've been doing Fix and Flips for a few years but might have my first niche rental play and could use some advice. 

I have a single-family home about ½ mile from the site of a massive road infrastructure project that’s scheduled to start in 2026. It’s a 7+ year freeway expansion, merging three major expressways in a tight 5 mile stretch, with multiple funding sources (federal, state, local, and a toll road operator).

The property:

  • 3 bed / 2 bath, ~1,400 sqft
  • 40 ft driveway (could fit a small trailer, tight but doable)
  • Large updated kitchen, large laundry in garage
  • Big fenced backyard
  • 100% turnkey & furnished

The idea:

Instead of selling the property, I’m thinking of offering it as a short or medium-term furnished rental to project management staff, engineers, or specialty contractors who will be in town for months or years at a time. The nearest hotels are about 2–3 miles from the project.

From what I’ve gathered, in large metro projects the core construction labor is usually local, but management and certain specialized crews often come from outside the area and need lodging — especially for multi-year projects. Those folks often want more space, privacy, and amenities than a hotel for long stays.

My current long-term rental (LTR) potential for this property is around $4,000/mo unfurnished without utilities. Short/medium-term furnished rentals could push that number higher, but vacancy risk is obviously greater.

Questions for the group:

  1. Has anyone here rented to infrastructure project crews or management before?
  2. How realistic is it to expect consistent demand from these types of tenants over several years?
  3. Any pitfalls I might be missing (besides the usual short-term rental headaches)?
  4. Would you lock in a corporate lease, or keep it more flexible for turnover?

Looking for any first-hand experiences or advice before I decide whether to pivot from selling to running this as a specialty rental play.

Thanks in advance.

Most Popular Reply

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3,595
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
3,019
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3,595
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

You may be onto something here, have you checked Airbnb for any competition? I regularly host construction crews here in Tampa. They can be a little rough but generally worth the "trouble". This has some risk as there is little to no data to rely on, but even if it does not work for you, you can get a small premium for a furnished long term rental or selling furnished as a lot of people relocate to Miami.

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