When looking for a property to purchase, make sure you take this into account. 2) The BRRRR method is really hard to do in Bing, especially in student areas.

I have used several methods that have been quite fruitful over many years. 

Is this a common method or not?

You might want to start investigating methods for locating off-market opportunities that appeal to you.

Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.

You can also use the Enemy Method to check the rates of your competitors.

We are a team of five employees, and our work involves renting land for a number of years, designing and developing buildings, and managing them—including renting and maintenance.It’s an exciting yet challenging new chapter in my professional journey, and I’m eager to learn and grow alongside all of you.One of my key goals is to modernize our company’s workflow, which is currently reliant on traditional pen-and-paper methods. 

Same BRRR method we use for a typical LTR, but better equity, ROI and use( gift it, use it and better tax write offs) 

If I did the BRRRR method would this work out perfect?

I remember seeing this method in many popular books and podcasts.However, the STR world has changed so much ever since with its exponential market growth.