To locate tenants, contact real estate agents or property managers, or use internet platforms such as Zillow Rental Manager or Apartments.com.

Then plug that address into the platform/software you use to pull up additional comps for similar properties.Realtor.com and redfin have a ton of free data as well.

Let’s say you own a land lot worth in the market only $20k, but because land prices are all over the board, you have a legit appraisal at $50k.  

Yes I've found I'm in this funny spot where I'm too big to string together a few softwares, but not big enough for an AppFolio or very robust platform.

Was having a fun, purely academic conversation with someone and somehow the topic went from the stock market, ETF's, to real estate, to BRRR's and either he or I or both us came up with this and wondered is this a legit strategy that others have used?

Then, once the other side of the unit is ready to go, I would use platforms like Airbnb to rent out monthly to traveling healthcare workers, etc.

Thanks Todd for your input....ya I am not convinced it is legit. 

I have a potential tenant who is requesting to pay rent by money order rather than through the RentRedi platform. 

Realize that they charge a static fee of roughly $650 plus a per-lead fee and offer no support to resolve or fix any marketing issues that are caused by the platform.

I am curious about this company I know it's legit but is it a good starting point if your new in Real Estate notes?