I asked the question so I could make sure there weren't scenarios like this I wasn't considering.For context, I'm not talking about historical homes in places like Martha's Vineyard.

Just an opinion but this is the scenario we are investing against.  

Thats a wise move and exactly how you would run the scenario!

Current thinking is:a) 70% rule, for immediate resale scenariob) BRRRR, Build and hold as rental scenario Thanks in advance for any suggestions!

Starting out, it’s common for new investors to own rentals personally to access better loan terms.You will most likely have to buy it in your personal name and move to LLC later.This post does not create a CPA-Client relationship.

Quote from @Evan Ross: One of the most common mistakes I see with amateur landlords: attempting to build goodwill with their tenants.

Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.

Most of the methods are for advanced investors and not nearly as common or easy as portrayed by YouTube gurus selling courses for a living.

This is a common mistake so many people make is not having enough dishware and flatware to accommodate a full load of people.

But these are the numbers I came up with when looking at 40K to 80K scenario.