@andy binford Stick to the model, it's a good one!

I am currently a student at the University of North Carolina Wilmington and interested in the buy and hold model to create passive income.

Owning a home is a life style choice not a investment.

The bank foreclosure auction is much closer to a cattle auction (my upbringing is showing itself here)...fast pasted, a true auction-style.

Our business model is not unlike a lot of other investors.

I'm going to explore their business model a little further.

Personally, based on my research, I feel like if you are fully aware of the permitting and inspection requirements in your market of choice, the costs of getting up and running will be taken care of very rapidly if you are planning to pursue shipping container construction as a model.  

Just last night I was reviewing the numbers on Sandicormls.com.I am currently working on a model in excel and using DealCheck app.

Obviously very new to all of this so I know it may take me a bit to figure out what I really like, but initially I know I want to get into buy and hold, and I would love to do that with more of vacation rental style vs the traditional buy and hold.

Its also at that time that I am hoping to switch them into an LLC and start using the BRRR model build the company credit and worth to move into larger MFR properties.