Learn about financial modeling and how to analyze your deals. 

We practice the BRRRR model of investing and are operating just south of Charlotte in SC.A great place to network and possibly find a good contractor may be local REIA meetups.

And not that I would use it, but I have yet to receive the $250,000/$500,000 pre-approval they promised for all in attendance.Glass half full, they did provide certain meals, a couple of cocktails and a guided bus tour of investment "opportunities", which they applied considerable pressure for offers on, one with a suggested "ARV" that was at least $100k above highly reliable AVM (automated valuation models) I have access to.Overall, I say stay away, unless their Funding Tour comes within driving distance and then only so you can see for yourself. 

Interesting to hear about your business model!

I have successfully done it before in the past, but it has not been a viable model (at least in my market) for years now. 

I'm looking to use that model for my rental.  

Did you include all of your marketing and management costs in your model, such as AirBnB/VRBO-type fees, cleaning, vehicle costs, maintenance, etc.?

There are absolutely some additional challenges with the rent by room model and I agree it could easily be more work than an AirBNB.  

Hello all,I am currently house hacking a 4 plex and have been attracted to the medium term rental model.

I am certainly a fan of this model, yet not sure how my wife will handle the job site.