Medium-Term Rentals

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Matt Szablowski
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Condo MTR in Chicago

Matt Szablowski
Posted Nov 21 2022, 10:41

Hi, I’m a new RE investor in search of a home that I can rent out as a furnished MTR  month to month.
I would like to know if any property managers or experienced investors have recommendations on where I could find Condos with HOA that would allow month to month furnished rentals. Im aware that this is difficult to find but perhaps some neighborhoods have less strict HOA. My budget is about 400k so I don't think I'd be able buy a MFU or a house unless it's in need of a heavy rehab or is in a D class neighborhood.

I’m looking for a neighborhood that is C class or better and has a handful of hospitals nearby as my target tenants will be travel nurses. Thank you! 

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