However, your rental income depends on your tenants remaining employed at similar wages.

I was firmly denied and told, "we strictly do not allow short-term rentals, subletting, or anything similar".

I heard that BP did have something that brought together investors but I don't know what happened with it.I would really love to create something similar that EO (entrepreneur organization) for real estate investors. 

This property has been a cashflow play, but ideally my next small multi-family (2-4 units) would be similar to what you are looking for in terms of a higher-priced appreciation play. 

Similar story as the borrowers defaulted.

It's a temporary asset, similar to arbitrage.

Home warranties are similar to auto repair warranties.

While researching, I noticed several similar properties in the area listed on Zillow Rentals, with some sitting for 10 days, 30 days, and even 100+ days.

@Andrew Garcia, I would take a look at rents for a similar size (square feet and bedrooms) property so I’d have an idea of what the income might be.  

Would love an update if you have good resources or recommendations for folks in a similar boat to you!