Updated 14 days ago on . Most recent reply

Is a Midterm Rental a Smart First Investment Strategy in Columbus
Hi everyone! I'm a first-time investor preparing to buy my first property in the next 6+ months and I'm exploring a midterm rental (30+ days) strategy in Columbus, OH.
My goal is to generate solid cash flow without getting overwhelmed by short-term turnover. I'm considering targeting:
*Airline crew near CMH
*Traveling professionals or contractors downtown
I'm trying to decide whether an MTR is a smart first step compared to a traditional long-term rental.
For anyone who's started with MTRS or made the switch:
*What were the biggest surprises (good or bad)?
*Any pros or cons I should know as a first-timer?
*Did the numbers work out better than long-term rentals?
Thanks for the insight- I'm here to learn and plan carefully before jumping in!
#MidtermRental #MTR #ColumbusOH #FirstTimeInvestor #ExtendedStay
Most Popular Reply

Yes, MTR is great for new landlords. Best tenants, less wear and tear on your property and typically 1.5-2x the rental rate compared to long term rentals. I would check out FurnishedFinder.com/stats for Columbus and call MTR hosts in that area. All you need is a reliable cleaner and a handyman to get started. You can even post the property prior to furnishing with "coming soon". Many of us secure our first guest before we've even finished furnishing the property.