What markets are you looking into? 

Go off the % allocated via the county assessor's determination of market value?

If you're located in WI, check out Premier Point Realty and Homestead Realty....both offer the licensing course at a discount and some of the lowest fees/commission splits in our local market.

Louis market!

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

@Grant Shipman Great stuff, I'm a big fan of co-living/rent by room strategy, and I do it here locally in Denver metro, and it is the best strategy in today's market for any house hacker to live for free or make money while living there, but they have to sacrifice personal space.

Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs  500 k to 1 mil on each project my client is going to make  sit down  but probably over 10 million net  life changing money and well we will do good too !!

Another concern is after the two years, I still wouldn’t be lendable for most properties in my markets due to that lack of income. 

We backed out of that deal because there was a freeze that hit Texas market, and that freeze caused a bunch of plumbing issues.