At the national level, it's the best of the worst in that industry - a lot left to be desired in the customer service department but still better than doing it on your own.

If you’re looking to continue to invest in your backyard, it helps to network with as many locals in the industry as you can.

I certainly don't want to get into the business of being a "bottom feeder" that takes advantage of people, but if there is space in the industry for someone to help people in your situation while making a fair profit, I wouldn't mind learning more and getting involved.If interested, message me.

Pick a lane based on your strengths and long-term goals.

We specialize in helping investors access opportunities in both residential and commercial markets, leveraging our network and industry knowledge to identify high-potential deals.

The tech industry and manufacturing growth in Reno also provides for a different client for short term rentals, something to look into.

Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule?

Or the house construction industry in general where they build for $X and sell for $X+margin?

Though I would caution you on hard money lending until you understand the industry a bit better, that can be very rewarding but you have to be able to do your due diligence on deals because you're turning over your hard-earned money to an individuals project, often a flip. 

It’s awesome that you want to use your downtime to learn more about the industry and make some extra income as a VA.