Fearless Forecast: I've written extensively about the wonders of the Oregon Coast, including why I migrated north and why I believe many others will continue to follow.

There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

I’ve even priced several models from different manufactures and found what I think would be the perfect piece of land to where if I could get the funding my bigger plan was to divide about half the acreage into 8 or 9 parcels which would be enough to pay back the investors/loan and then take the other half of the acreage and place tiny homes around each on their own couple acres.

The SMARTEST thing I did...was follow a "who" not a brand or company or model or some "thing". 

The referral fees, which operate similar to a multi-level marketing models, often incent these students to post the rare assignment fee check that does get done to every social platform they can and make it seem like they have an "in' with the guru leading the program. 

I would recommend taking a look at the BRRRR model in a cheaper market like Columbus Ohio.

An engineering backed modeling study would be good for smaller residential properties.

Ya, like Ben Vorspan mentioned, AvantStay has moved away from their "master lease" arbitrage model.

I don't necessarily follow that model anymore, but it was a great place to start.  

Model the performance of the property.