It’s a unique setup: 100% master-leased to a corporate tenant (Sober Living) for 3 years.The Numbers:Purchase: ~$640kTenant pays all utilities/maintenance (NNN-Lite).DSCR is strong (>1.35), so financing is straightforward.Projecting ~11% CoC return.I'm planning to bring in a capital partner for the EMD/Down Payment ($185k total).My Question for the group: For those who have done corporate-backed JV deals, do you typically stick to a straight 50/50 equity split, or do you offer a preferred return?

-Some I’ve seen people mention:>Blueground>Travelers Haven>Zeus>Corporate Housing by Owner>Direct insurance relocation networks>HR partnerships with local companiesWhat’s brought you the most consistent bookings?

Hey Holly,Sounds like you’re in a great spot for corporate rentals — Hillsboro has tons of demand between Intel, Nike, and the supporting industries.

This motivates me to start talking to corporate tenants! 

Definitely corporate clients.

Primarily focused on long term rentals in the twin cities area and eyeing a potential for mid term rentals and corporate housing in the future. 

Could you house hack something local that caters well to your industry and rent rooms to your colleagues? 

They can only claim the §121 exclusion if the property is titled in their personal names or a disregarded single-member LLC, not an S-Corp or multi-member LLC.

The corporate housing model used to be gold — long stays, predictable pay, and minimal turnover.

Watch for Corporate Email Domains (This Is Your Golden Opportunity)If you’re anywhere near one of the host cities, look out for any booking made with a corporate domain.Why?