The price points combined with incredibly low interest rates compared to the amount charged for a student room rental in the city center was pretty appealing.

STRs are more regulated, LTRs are predictable but slow, and MTRs hit the sweet spot:-Steady cash flow without daily turnover-Professional tenants (corporates, nurses, relocations)-Flexibility for scalingThat said, it only works if you:-Know your tenant type-Furnish for function, not style-Price monthly, not nightlyFor those running MTRs: are you seeing the same benefits?

I start with realistic rents (not pro forma), then stress-test expenses — especially taxes, insurance, and maintenance, which are often underestimated.I usually assume 8–10% vacancy, 10–15% for maintenance/capex combined, and verify utilities (who pays what) early because that can kill a deal fast.Biggest beginner mistake I see: underestimating expenses and overestimating rent bumps.

Senior housing / senior care / assisted living is hands down the biggest opportunity that combines real estate, business, and impact for the next few decades. 

Your combined tax liability is about $24k.

I can see how sub to makes sense in very rare circumstances especially short-term and combined with another strategy like flipping, but I don't understand why anyone would specialize in this or take the time to become an expert and operate exclusively in this space, or want to hold a property purchased using subto longterm.

Using the seller concessions, work with your lender and agent to try a combination of closing cost coverage and point buy-down to get a break even point where you aren't negative every month.You are already missing operating costs that need to be factored into your overhead and not only PITI.

Princeton, on the other hand, functions more as a commuter hub within the Metroplex where residents travel to nearby cities for work.

While the exact numbers will vary property to property, your table shows that the combination of land allocation and cost segregation percentage has a pretty big influence on the total benefit.Now, are these differences deal breakers?

The main part of the BRRRR is the "Repeat" function since you aren't really going to see a ton of income if you own 1 or 2 properties, BRRRR is a portfolio building tool.