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Updated 1 day ago on . Most recent reply

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Wilson Sung
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Newbie Here. Seeking inputs on if my home is suitable for MTR or not

Wilson Sung
Posted

The AI algorithm led me to this rabbit hole and now I am stuck in analysis paralysis.  I am moving out of the state and I need to decide on what to do with the home.  Initially I was just going to move/trash everything and do un-furnished traditional rental, but the MTR popped up and I'm trying to figure out if MTR works here.  

The property has 2 stories, 3 car garage, 5bd/3ba, 2600 sqft, has office and family room with private pool.

My initial thought is that my home is too large for the traveling nurse tenant pool.  The location (85224) already has enough extended stay hotel brands that I don't think corporate tenants are allowed to book elsewhere.  

Please let me know your thoughts and what additional analysis I should do.

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Mason Weiss
  • Realtor
  • Phoenix, AZ
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Mason Weiss
  • Realtor
  • Phoenix, AZ
Replied

Why don't you try and put it on furnished finder and see how it performs as a 30+ day furnished rental? Worst case scenario is it stays vacant for 1-2 months and then you can pivot to a long term rental instead. Hard to ever know for sure until you actually test the market. 

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