In general, the "standard" brokerage model is, yes, a pyramid.

Being new to the build-to-rent model, I was there to learn.

I try to be smart, I don't listen to others, I listen to data, evidence, the signs of the universe.My model I truly believe is the best thing to do!

Rent by the room to me as a bizz model I dont care for personally. too much work.. now owner occ bring in roomates that different or student housing or as other stated crash pads for airlines thats different. 

if you are not one of them, Dave's model is a must.

STRs are popular in this city as they create significant amounts of jobs and revenue.I am shocked that this model is not more popular around the country.

I deal with development opportunities where I can and synergies between local businesses.Then I have my operations manager who handles most of the day-to-day management of the properties, and they manage some of our contractors and managers.Our model is a little different than large parks because we have regional managers that cover multiple communities vs a single one.The pain point right now is mainly having consistently qualified contractors and filling vacant spaces as quickly as we can.

I'm in research mode now to figure out if this is even a doable idea.

What most fail to realize is the STR model is more of a business operation whereas a lender cares about the fundamentals of the real estate.

@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario