The stay is just the beginning of the revenue stream, like a base line.

Since starting, my wife and I in our three bedroom, two bath, have done $26,000 in revenue by renting out two rooms.

Here are some considerations to determine if your market in Wichita, Kansas, is suitable for the BRRRR strategy:Property Prices: Finding homes that satisfy the BRRRR requirements may be easier in places where property prices are lower than rental revenue.

A quick search of Columbus Airbnb Market Data brought up this page, looks like it has everything you might need to analyze the market.ROI+5%Revenue$14kAvg Airbnb price$369kMarket sizeLargeNumber of Airbnbs2,445ADR$112Occupancy58%

Plenty of building code considerations I'm sure given hot water heater right there.My first thought to monetize is to lease commercial grade equipment - maybe 2 stackable W/D - with revenue-sharing from a company that would provide the equipment at no up front cost and handle maintenance.

In order to make sure the estimated rental revenue is in line with local market circumstances, you should also investigate market rentals for comparable homes in the vicinity.To determine the duplex's condition, do a comprehensive inspection.

Once your cash flow needs are met, you start to think more about your net worth, the headaches comming from tenants etc - the focus is to optimize for more long term revenue and less work.

For more precise estimates of rental revenue, think about speaking with nearby property managers or real estate brokers that focus on rental properties.Closing costs: Compute the closing expenses for the duplex purchase, taking into account attorney fees, title insurance, property taxes, appraisal fees, and loan origination fees.

I guess I like the idea more of a house that is paid off generating revenue than 2 houses generating less revenue.

What can I do legally to get this neighbor to chill out and keep me from losing tenants and rental revenue?