All Forum Posts by: Andrew Street

Hey there Alan - That setup sounds like a great fit for MTR, especially with your proximity to multiple hospitals—travel nurses love those kinds of arrangements. Renting rooms individually can definitely work, but keeping all rooms consistently filled can take effort, especially coordinating move-in/out dates and personalities.

Shared spaces can be a plus if managed well, but you’ll want to set clear house rules and maybe even provide light cleaning of common areas to avoid issues. Overall, with your location and setup, it sounds promising!

Hey there Zacharia - Congrats on your new MTR property! I’ve found that renting the entire unit tends to attract more travel nurses and corporate professionals since they often value privacy and quiet—especially with just one bathroom. Renting by the room can work in certain markets, but it usually takes more management and can lead to higher turnover or roommate issues. If you’re aiming for less hassle and longer stays, keeping it as a full-unit rental is likely your best bet. Best of luck!

I'd be happy to connect to share more ideas! 

Hey Mikhail - We've definitely had to pivot. One property got hit with new STR rules not long after we bought, so we shifted to mid-term rentals and targeted traveling nurses. It actually worked out better than expected—steady income, less wear and tear. We're also looking into adding an ADU on another property to boost flexibility. Having backup plans is everything right now.

Hey there Richard - Congrats on the new place! I'd recommend checking local Facebook groups—lots of solid cleaner and handyperson leads there. Turno and Thumbtack are also great for finding vendors. Good luck getting everything set up!

I'd be happy to connect to share more ideas! 

Hey Anne - Congrats on your first STR—exciting milestone! You're smart to think ahead about platform ownership. Definitely clarify in your contract that you (not the manager) own the Airbnb/VRBO listings, so you keep the reviews and booking history if you ever part ways. Also ask about:

– Cancellation policies
– Guest communication (who handles it?)
– How often you'll get financial reports
– Maintenance protocols

It's all about transparency and control. Trust your gut—this is your asset!

I'd be happy to connect to share more ideas! 

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Hey there Devin - Totally feel you—we’ve had similar issues. It’s a tough balance between protecting the property and avoiding bad reviews. We’ve found that being consistent with documentation and setting clear expectations helps. It doesn’t eliminate the problem, but it makes it easier to handle when things go sideways.

Happy to connect to share more ideas! 

Hey there Jessica - That's exciting—congrats on the next step! Whether to take out a new loan or use your home equity really depends on your financial goals and comfort with risk. Using home equity (via a HELOC or cash-out refinance) can be a great way to fund the new purchase without selling, but it does add a second loan to your current home. A new mortgage keeps things separate but may require a larger down payment. A lender or mortgage broker can walk you through both options based on your numbers. Happy to help if you want to run some scenarios!

Hey there Linda - Honestly, your proposed increase to $2,550 sounds totally fair given the market. But if the tenants have been solid and reliable, accepting $2,500 in exchange for help with snow removal or gardening could be a good middle ground. It keeps them happy and saves you time or money elsewhere.

And your concern about the dog makes sense—shelter dogs can come with challenges, and if they’re both gone all day, it’s fair to ask how they’ll handle that. It’s not unreasonable, especially since it could impact the property.

At the end of the day, keeping good tenants slightly under market might be worth it if it means avoiding turnover and keeping things smooth.

I'd be happy to connect to share more ideas! 

Hey there Ying - You're right! While proximity to a cemetery is considered a major negative in parts of Asia, in the U.S. it generally doesn't carry the same stigma. Some buyers may be put off, but others might appreciate the quiet surroundings. It could slightly impact resale value or time on market, but it's unlikely to be a dealbreaker especially if the property is otherwise desirable and has strong rental history.

I'd be happy to connect for more ideas!