If they require additional cleaning time because of a pet, they are compensated for that extra time.It sounds like you pay your cleaners $150 every time.

I'll start off by saying yes that sounds expensive and kept me from joining for a bit.

It just sounds like the BRRRR method but for business.

Your assumptions sound correct. 

This sounds like a cool idea, just continue to see it through!  

I am sorry, but I would run from that syndicatorIt sounds like you lost $13,000 from this investment or at least this property calculated as follows($50,000) + $5,000 + $32,000 = $13,000On top of that, he may have increased your overall tax burden by doing a cost segregation in year 1...

You mentioned about the BRRR strategy, this is not as easy as it sounds.

@Beck DeYoung, sound advice from the folks above. 

Potential rents for a single-family targeting off-campus students sound great, but will that cover renovation costs and potential vacancy time during the transition?

This sounds more in line with what I have been hearing in podcasts, and I am wondering how some comments are that they have $0 in turnover costs.