I've sold, owned and renovated plenty of plexes over the years and would be happy to chat if you'd like. 

@Matt Ricky I have done plenty of BRRRR deals in Memphis and Little Rock. 

If there are plenty of studios or private single rooms at the same price or cheaper than a shared-space room at your place, you will definitely have a hard time filling up.Are there extended-stay motels in your property's area?

I’m looking for actionable steps with hard numbers to find that deal, make that first decision.Hi Sankalp, I'd be happy to help!

Stay informed and read plenty of books! 

I'd find a sweet deal close it and see if you can get another one after that. 

It’s still rough and has plenty of room for improvement, but I can upload photos of a distressed property, tax records, comps, lender rates, and local rehab costs.From there, it analyzes the photos to identify repairs, explains why they’re needed, estimates costs for each item, calculates the total rehab budget, determines ARV based on comps, and provides an expected return—basically automating a lot of what spreadsheets already do.It’s not meant to replace an analyst, and of course, everything still needs to be verified.

There are plenty of them out there

IMO its important to have plenty of reserves, it's not if something goes sideways, it's when it goes sideways.

Hire a loan servicer - plenty of discussion and recommendation on BP on this topic and some recommendations for servicing companies