He said you can throw it in a lake, pull it out 20 years later, wipe it off and use it like new.

My husband and I own a single family house in Lake Havasu City, that we are looking to either rent or sell ASAP.

I'm a new investor looking at the Mid-Term Rental (MTR) strategy in the Salt Lake and Utah County markets.

The best way I've seen is to write up a management agreement structured as more of a "consulting" from the manager to qualify.Why This Matters in the STR GameHere’s how this plays into your STR strategy:You buy a house (say a 4-5 bedroom chalet near a lake, ski resort, beach etc.).

I'm just getting started, learning how I can secure a small multi family here in Salt Lake County, and this kind of conversation is very valuable. 

These are concentrated in high-inventory growth areas like Horizon West, Lake Nona, and Minneola.

We own a lake home that currently serves as our primary residence but is in an area zoned for STR.

The lake house conversion idea has potential — but tread carefully.If they carve out 2/3 of the property into a short-term rental, they could qualify for STR bonus depreciation if managed as an active business (not just passive).

We, too, are in Mankato and we have some residential multifamily in North Mankato and Eagle Lake.

Ive heard of the fully furninshed homes and may work here as a lake house, I have helped people buy former airbnb's and they kept the furnishings since it was a second home.