For example, if an investor wants to rehab a house and net at least $18,000 after accounting for factors such as holding costs, closing costs, and real estate agent commissions, other models are a viable alternative to the 70% “rule.”Is the 70% Rule a Good Guideline?

I'm willing to seller finance 3 former model homes, with clean titles, no structural issues, turnkey investments that are fully paid for, in a sought after area. 

That is a very poor business model.

While introducing our business model to the members on the table, a very established broker was shocked what we were doing (assignment of contract).

Looking to link up with a few people to chat systems, whats working / whats not, planning for future business model changes etc.

I'm sure we could refine your model even more but that's what I saw after looking at your model for two seconds.

Very few succeed with this model and those who do are the contractor types who are driving around in their work truck putting out fires all day.

But I need to model it out more than just my napkin math.

There are many REI specialized accountants on this forum who provide bookkeeping and tax services, but all of us have different models of service, different approaches and different prices.

I find this hybrid model allows me more certainty about occupancy, and less work on turnovers, but I can still maximize profit.