Even once the temporary work moves on there is often still a need in these smaller towns where these centers are gettign built at least in our market for more permanent or long term housing. 

The lease is a standard California agreement that allows for a month-to-month arrangement after the initial term ends.Here’s the situation: the tenant has expressed interest in extending their stay only through the end of October, rather than signing a new 12-month lease.

Every Friday, I’ll be sharing bite-sized insights about long-term rental strategies, lessons we’ve learned managing properties across the Baltimore Metro area, and how investors can position themselves for sustainable returns.I’m not here to sell you anything just to open the conversation around what actually works in the field.

Julie, it really depends on the type of coverage you will be wanting/needing.

My long term goal is to invest in LTR down here, but first I need to get my knowledge of the area up.

@Juan Soria Feel free to shoot me a message and I can give you the whole 411 on Myrtle Beach and North Myrtle Beach short-term rentals.

If I am recalling correctly waiting a year for long terms gains does not even apply to assets that were not bought for long term hold in the first place.

La Quinta's short term rental future just got a little brighter as the city is reporting significantly less complaints over the last year (full story link below).

I have always had what I call full coverage in case of something happening to the property I would not be out a total loss.There is no mortgage or note so I own it out right.

Lamont: Long term lurker, first time poster.