If prices are too high people will just go elsewhere.

luxury cabin, 3100', 4/3/1, nice finishes including spa and sauna, in high fire risk area with total property value ~$500k with CA FAIR was just over $5K fire only. 

These buyers are playing the long game—betting on rising property values and rents, which offsets initial breakeven or negative cash flow.If you’re starting out, I strongly recommend focusing on single-family homes in neighborhoods at the high end of the "low-end market" spectrum.

Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.

Especially in Dayton, where you'll get that high cash-flow. 

In 2016 they moved to a one story home due to aging and ended up renting their initial home.

I'd keep 70% as a base and shoot for 90%+ on the high end.I think I'd be pretty happy with 90%. 

.✅ Post Your Listing with high-quality images and a detailed description✅ Join Local Housing Groups to reach renters actively looking✅ Engage with Inquiries Quickly – the faster you respond, the better your chances of filling the unit3️⃣ Tap into Roommate-Focused PlatformsIn addition to traditional rental sites, roommate-specific platforms are a goldmine for co-living.🔹 Best Sites for Co-Living Tenants:Craigslist – Still effective for shared housing leadsRoomies & Roomster – Designed for finding individual roommatesSpareRoom – Another great co-living-focused platformFinal Takeaway: Make It Easy for Tenants to Find You🏡 Syndicate listings using property management software📲 Use Facebook Marketplace to maximize free exposure🤝 List on roommate-specific platforms to target ideal tenantsIf you do these three things, you’ll keep your co-living properties fully occupied with minimal effort.Discussion:1️⃣ What’s your best strategy for filling vacancies in your rentals?

Let's assume the financials in the package are good for a moment (they probably are not) AND that you either do not or do achieve the broker's pro forma:If you purchase this asset, achieve ONLY the 'current' NOI, grow NOI 2% per year, and exit at a 5% cap at the end of Year 6, you will have a 4.8% unlevered IRR. 

This would end speculation and bring you a lot of credibility.Please post a deal that meets the criteria you claim you have "tons of examples" of.