But… I tried to make my first claim against a tenant’s insurance company in 20 years this year and it was useless.  

It’s been sitting vacant ever since.My property manager keeps telling me it’s harder to fill units in the winter season (which I get), but I'm wondering if I’m missing an opportunity here.The property is literally a 1-minute drive—or a 12-minute walk—from a major hospital, and I’m starting to wonder if it might perform much better as a mid-term rental (travel nurses, short medical contracts, etc.).Right now the long-term rent is $640/mo, but MTR data in the area suggests $1,800–$2,000/mo is realistic for furnished month-to-month stays.Since I’m out of state, I’m curious:Is anyone here successfully running an MTR from out of state?

That being said, if you wanted to change title for any reason you can try with a quit claim deed at your local attorney or title office.

There is also the medical field that is a big employer such as Ascension and also Baylor Scott and White.

IF you filed a claim, insurance would only cover 50% of the damage, so if it was $100k in damage you would get $50k from insurance since you are under-insured If you have no mortgage, you can do what you want, but once you have a mortgage you have to insure per the lenders requirements.

Assisted living is usually classified as a medical/long-term care use and often requires:• A conditional use permit• Public hearings• Compliance with fire, accessibility, and staffing rulesBefore you spend a dollar, confirm the municipality will even allow the change of use.2.

.📉 Jobless Claims Show Slower HiringBacklogged claims data finally came in: Initial Claims sat between 220K–235K the last several weeks, but Continuing Claims remained above 1.9 million for the 18th week in a row.Why this matters: When people stay unemployed longer, it’s a clear sign the labor market is cooling.

@Andrew Postell if you don’t claim depreciation you STILL have to pay depreciation recapture when you sell as if you did.

While they claim to do DSCR loans for STR, and they accepted an app for STR, they only underwrite for LTR. 

The report highlights Houston’s internationally diverse population, major corporate presence and status as home to the world’s largest medical complex as the key contributors to its global standing.