Hi @Kelly Rao, we compete with Nomad in the Denver property management market, so I'm familiar with their business model. 

I’m wondering if anyone here has had success with this model and could share some strategies that worked for them?

Maybe I'm actually in the right model right now. 

We have a model-driven forecast for home price appreciation in the top 381 metros in the country, and we have two very out-of-consensus views as a result.

I like the mid term - short term hybrid model there.

But high upfront commissions in relation to insurance payments is not helping the insured.A high upfront commission by a real estate agent is not helping the house seller or buyer.A high upfront commission by mortgage broker is not helping the mortagee.A high upfront commission by the car dealer is not helping the car buyer.Each product has different remuneration model.

And yes, as of now I'm leaning towards a cash flow model and I need to figure out how to execute that plan.

I could model what held-for-sale properties would potentially sell for and on a weekly basis adjust our model parameters based on what winning bids were for the week.

I don't like the 20% down model, I prefer to BRRRR and then sit on that boring investment with little to no money in it. 

I have 2 model X and  a Y so I am ok waiting ..