Bad business practice in my mind, but a nuance I'll remember for the next time.I'm excited for this.

That’s a lot of life change happening at once — exciting, but yeah, timing matters here.You’re right that being near a hospital makes your garden unit a prime candidate for mid-term rentals (MTR) — travel nurses, patient families, medical staff, even corporate relocations.

Not just for real estate but also for computer programming when I was in college.This was a matter of practicality as I had no other way to succeed. 

Go to practical machinist & the other forums....if you're going to give them away, make rigging and drainage part of it.

And will try 3% appreciation as I'm practicing running numbers, and consider going a little further out of the city. 

.• Vendors no-showing and pointing fingers• Owners blaming the coordinator when the repair itself fails• Gray area liability when something goes wrongIn practice, this is why most property managers bundle maintenance inside full management.

Many “corporate housing” or mid-term operators pitch that model but don’t always maintain the property like you would.If it were me, I’d:Take the long-term tenant if they’re solid and sign a 12-month lease.Revisit STR again next spring once demand picks back up.Or explore mid-term rentals (travel nurses, relocations) — can sometimes beat LTR rent without the volatility of Airbnb.My advice: you’re not wrong that STRs are oversaturated right now.

The things I don't like are the some of the local regulations and paying out a relocation fee in the thousands to get a tenant out if I wanted to sell or move into the rental myself.

Your outline looks solid, and requiring the background and credit check fee upfront is standard practice.

A lower-cost property can easily meet the 1% rule yet perform worse in practice than a higher-cost property that fails the rule but is better positioned to absorb operating expenses.