A good show of Income Property was on this past week. A couple had a nice town house split into 2 sections which they were renting out furnished for short term rentals (seemed to be 4 to 6 month periods) for about $3,000 a month. What made this amazing was that there mortgage payment was only $2,100 a month. So they were living in a house for nothing an making $900 a month.
Now the reason they were on the show is that they were renting out the good part of there home and living in the rental area that needed a lot of work done. However, they were unable to complete a lot of the tasks so they show came in and fixed it up so that the could move back into the nice area of the house and rent out the new area for a nice profit again!