How I Started My Short and Mid-Term Rental Journey

I ventured into short and mid-term rentals with the goal of achieving financial freedom and increasing my cash flow. After managing two long-term rentals, I struggled to find a third property that fit my criteria. That’s when I started looking into midterm rentals as a new opportunity. My initial goal was midterm, and as I finished the property and wasn’t finding anyone, I listed it on airbnb to see how that did. I didn’t realize how much I would learn over the course of a year.

The Search and Research Phase Midterm Rental

After months of diving into podcasts, reading books, and studying other hosts' experiences, I found a property in the perfect location near Tower Grove Park and The Missouri Botanical Gardens. It was exactly what I needed for my rental strategy—ideal for short-term guests and long-term midterm renters looking for a cozy, convenient space.

The Rehab Process

The property needed a full rehab, which took 3 months. While I expected some challenges, the renovation definitely threw in some surprises along the way. One of the biggest surprises? The roof! While initially focusing on interior improvements, I quickly found out that we’d need to address some major repairs up top. Once the renovation was complete, I focused on designing a space that felt like home—comfortable, functional, and built to last.

Challenges I Faced

Aside from the roof, the project did take longer and cost more than I initially planned. But seeing the finished product, I’m happy with the results. The space is fully furnished, designed for both short-term Airbnb guests and midterm renters, and ready to welcome visitors.

What’s Next?

Now that my property is up and running, I’m excited to share everything I’ve learned to help others. From design tips to hosting tricks, I’ll be posting valuable insights to help you create guest-friendly spaces and reach your investment goals.