While we are prepared to host by the room, what we are seeing is that most residents are just taking the whole space. 

@Tim DiMario- thanks and welcome ...I would recommend getting formally pre approved for a hypotehtical scenario with a lender ...This process will help get you organized / prepared and its free ...you will also learn a lot ....if you never  buy anything or dont buy anything for soem time - its  OK ...good luck

It is presented as a liquid that is spread over an existing roof after some preparation.

We are preparing to go after some BRRRR deals in 2025.

I think you are going down the right path, just keep in mind to be prepared to go all in to this and you won't regret it.

If I had been prepared I could have walked away with a steal.So I sit there today for over an hour while property after property slides by with no interest.

When I left Germany, I arranged for a local tax agency to help prepare my taxes each year, since that is a necessity. 

So, they are not prepared to absorb large changes to their budget all at once.

I have read The Book on Managing Rental Properties, (and have another book on the way along with preparing to get my real estate broker lisence).

They prepare closing documentation, handle escrow funds and adequately record the sale.