Entire Unit MTR or PadSplit?
Hey everyone!
I’m planning to close on my second property around October 2025 and could use some insight.
My Buy Box:
• 4 bed / 2.5 bath
• Built after 2005
• Located in 78245 or 78251 (but outside of an HOA)
• Purchase price under $250K
Exit Strategy Options:
1. Furnished Mid-Term Rental (MTR) of the whole unit
2. Furnished PadSplit (rent-by-the-room model)
I’ve also been considering properties with a 2 bed / 2 bath layout for the same strategies.
My Question:
What’s the optimal property size for each of these exit strategies (MTR vs. PadSplit) specifically in the 78245/78251 areas?
Also, what data or sources would you recommend using to confirm the demand for MTRs or PadSplits at different property sizes in these zip codes? I have a general sense of the demographic I’d be targeting, but I want to back up my decision-making with solid data.
Appreciate any insights, and thanks in advance!