All Forum Posts by: Christine Sierra

@Christine Sierra. Depends on the location, which area of Jax are you looking at?

Hey @Christine Sierra, that is a long term rental. It is rare to get traveling nurses etc for more than 3 months. Contracts like that are usually shorter than 6 months. Otherwise they hire for permanent positions. I wouldn't rely on that.

How close to the colleges? Like walking distance? I wouldn't get into student housing if they have to drive 15 minutes to school and park.

Now, with the 6 months minimum, you can expect that it could change to no leases under a year.

Frankly there is too much risk with this. You are new to investing so you want to get it right or it will slap you right into the dirt.

Is the unit in the towncenter or downtown. What is stopping you from making the rental a long term buy and hold rental? I think short term 6 months will drive more vacancy. I think your target audience is good but I think they would want to have a longer lease. In addition are you managing the property or is their a property manager? Here to help. I am from the Jacksonville area.

You are going to be hard pressed to find someone that will stay in an STR for more than 6 months. Most everyone on this forum (except me) rents their STR to people on vacation or getaways. Their typical rental is a weekend, a few days during the week, or one week.

Is it even legal in Jacksonville, and will the Home Owners Association allow it?