Your app concept sounds promising!

@James Kerson check out companies already doing (or those that have tried) something similar/same in concept to what you're describing.

@Seth RoseI would look at the approach from a revenue mindset, not a discount mindset (which is where the BRRR concept was born).Firstly, I would like to point out that properties with great cash flow potential and deep equity positions aren't just floating around the MLS.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

A lot of this type thinking is a result of the individual having no understanding, or conception of interest, principal or “the time value of money”.  

I understand the concept of it, but I have received plenty of decent off market deals from legitimate wholesalers.

Bozo and Krusty, who are absolutely desperate for a place (almost always for good reason), are who WILL apply for overpriced apartments, usually because they have no real concept of how they're going to afford the rent.Turnover and vacancy are what kill you in the LTR game, and they kill you faster if you're working with a small portfolio.

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.

We removed a few walls and made it an open concept home.

Wall removal is better for sale usually for open concept, and sometimes for rentals, but if you want more occupancy (potential rent by room) removing walls restricts that.