Bit more paperwork, but you get paid twice.Flat Fee + Profit Split (Repair Funding): You cover the repairs, but you set a minimum fee (like $15K) to protect yourself.

If and when someone, or a reliable company comes up with a deal to fully manage a single room rental property for me then I’ll look at the profitability, ROI, and risk and consider it.  

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

Neal gave $600K worth of his profit shares to Dave Freeman.

Hoping for profitable HipCamp year round.

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

I am estimating to generate $8k per month net profit, on the low end. 

This is how much you need to increase your room rate to become profitable based on last year's information.

.✅ Calculate potential profit/loss using this simple formula:📊 (Monthly Rent - Total Monthly Expenses) = Net Rental Income3.