Best Real Estate Markets for Mid-Term Rental Properties (Travel Nurses)

What makes the best real estate market for mid-term rental properties? Tenants! As with short-term rentals, mid-term rentals also target a very specific type of customer. Instead of vacationers and sightseers, mid-term rental hosts are looking for corporate travelers, travel nurses, digital nomads, and everything in between. At first glance you may be thinking the best real estate markets for this strategy would be Los Angeles, San Francisco, or New York, but you’d be wrong.

Zeona McIntyre, mid-term rental investor and the woman who literally wrote the book on 30 day stays, has seen what does and doesn’t work with the mid-term rental strategy. She knows how to identify the best markets, properties, and tenant types to keep your cash flow high, expenses low, and headaches elsewhere. Even if you haven’t heard of the mid-term rental strategy, these quick tips will give you enough direction to make the right investing moves.

In this week’s episode, Zeona goes over choosing a mid-term rental market, understanding who your optimal tenant is, which types of properties/floor plans work best for this strategy, and why condos are too often overlooked by investors. Ready to turn a few properties into financial freedom? Stick around!

00:00 What's the Best Medium-Term Rental Market?
00:55 Who Is Your Ideal Tenant?
02:24 Which Markets Work Best?
03:56 Types of Properties
06:46 Do Condos Cash Flow?
08:00 A Mid-Term Rental Recap

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Join BiggerPockets for FREE 👇
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Grab Zeona’s New Book, “30-Day Stay”:
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Find an Investor-Friendly Agent in Your Area:
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Check Out Our Mid-Term Rental 101 Episode:
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Hear Our Interview with Mid-Term Rental and Travel Nurse Stacey Stegenga:
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Connect with Zeona on BiggerPockets:
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Listen to Zeona on The InvestiFI Podcast:
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Follow Zeona on Instagram:

#biggerpockets #30daystay #zeonamcintyre

[nicolasroberge]

Loved the condo with included heating, hot water and shared laundry. My first MTR has these characteristics and you made me realize these features can be seen as risk attunuators. You made my day! 👍

[billy]

More content from Zeona!!! Great advice and great vibes!

[-BTC-yep]

High demand neighborhoods are amazing.

[katherinewegner]

Thank you Zeona for these practical tips - I’m waiting on your book to arrive & can’t wait to learn more.

[jwalk]

I'm closing on a 4 plex where I converted the living rooms into bedrooms no hoa and 14 parking spaces off road for the 12 bedrooms 3 bed 1.5 bathrooms each unit.

[FallingAsh]

What type of insurance does a MTR need? Landlord insurance like a LTR or more specialized insurance like for STRs? What if you plan to rent it out as an STR in between your longer 30-90 day leases if your apt doesn’t have a booking?

[drewfisher]

Great video Zeona! Can you comment on the best source for unit or market pricing? Zillow is great for LTR, pricelabs is great for STR - what is the best for MTR? Thanks!

[AngelJose]

I have a duplex and a basement that I'm debating going STR vs MTR here in Denver. This video was right on time. Ordering your book, thanks!

[glegaspi]

is there a video on how to determine the locations?

[chriscupp]

Great suggestion about having a 2nd bathroom!

[jillyanmacmorris]

I have your book on preorder! Can’t wait for it to come!

[arnaldosifre]

Thank you for sharing. I am so looking forward to giving it a shot. I am in Florida.

[Joseph-fciz]

Just bought this book. So awesome! Huge value add!

[thenewwayhome]

Excellent insights into mid-term rentals! Very informative, great work!

[marioandultrachap]

You said you did this in stl? How lucrative is this market in this area? Curious since I'm in that area.

[SandorLau]

Thank you so much for sharing. I have been waiting for the book all week and just started it on audible. I'm a small time landlord with two handfuls of rental properties. I want to convert them all to MTR and add more to the pile.

[melodyn]

What are mid term rental ads websites?

[PinoyCavite]

Great information! I have a four-bedroom single-family home in Las Vegas, Nevada. I am considering doing AirBnB, but it might be hard for me to do because of the law and regulations in Las Vegas. So, a Mid-Term rental for 30 days or more is a great idea. My older sister is a traveling nurse, and she usually stays for 3 months or 6 months in one city before heading to another new location.

[lifeforgod]

Great video BP. I want to know how to figure out rental figures for these and how to market it

[rafaeldionicio]

How will you start a mid term rental in Los Angeles LAX area?