I always like looking at underwriting models and what others are looking at, so I'd be happy to review if you have any interest. 

As far as the reporting goes, the rental income and losses will most likely be reported on your Schedule E - speak with a tax professional who has expertise in real estate.

Here are the variables you'll need:ARV (After Repair Value)Estimated Repairs (add a 10% contingency)Estimated RentPurchase PriceEstimated PITI (Principal, Interest, Taxes, and Insurance) on the refinance sideIf you know these values and ensure that your all-in cost (purchase price plus repairs) is 75% or less of the ARV, and that your rent will cover PITI + vacancy + maintenance + property management, then it's a deal worth pursuing.The BRRRR model is a fantastic way to build a portfolio and is still very feasible—even in 2024.If you're interested in more info, feel free to shoot me a DM—we can connect, and I'd be happy to assist you.

Leverage the expertise of people who can dedicate full-time effort to the success. 

By the end of my first year, I'd completed 10 deals and earned $73k.In 2018, I stumbled upon Todd Toback and his acquisition skills models.

I’m also aware of the make and model of the car the tenant drives.

It is not a sustainable business model. 

@Steve Babiak and @Sharon Vornholt , :) Can I ask your expertise here?

This deal was an excellent example of how Partner Driven’s renovation strategies, combined with market expertise, can yield substantial profits in a relatively short period.

The issue is advertising revenue and face time. it’s not in an advertising model benefit  to limit in mass posts.