It's too much risk for me until someone can give concrete suggestions of how insurance policy(ies) can accommodate the rental arbitrage scenario.

I have an idea of what to expect when managing a dorm, but I am wondering if anyone has any experience with it?

I'm starting to wonder if Dealmachine is just really great at promotion of the product.

If you do decide to go that route, I would suggest using one of the Eagle Rock approved builders. 

I'm wondering if anyone has some baselines or targets that they shoot for in Royse City and Rockwall, TX.

@Vhernadette Sasing as Basit suggest, after taxes you are about $325K/year in income currently.

A suggestion I would give you is to find a couple "for rent" signs in your local market, get the address and start "running your numbers" on the rental property calculator that BP has for us on here.

He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services). 

The builder suggested a local bank that they use and would like to see them succeed and referred me to the commercial lending department.

We can track all the values on Coinmarketcap if anyone else is wondering.