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Updated over 2 years ago on . Most recent reply

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Alex Schober
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6
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Relocating for Work - "Accidental" Rental Conversion

Alex Schober
Posted

Investment Info:

Single-family residence buy & hold investment.

I originally purchased this cute house for myself but needed to relocate for work. I converted the place into a short-term rental with a medium-term option during the slow winter months. The ultimate goal is to net some positive cash flow despite needing relatively strong occupancy rates for it to happen. Assuming this, my medium-term goal would be to purchase my first true investment property. Any similar anecdotes of "accidental" investment properties and/or relocation would be welcomed!

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