My wife is a veteran real estate agent in SF and is very focused on continuing to build her book of business, so I'm leading the charge in the household on the investment side.

Yes the leaseback will cover the loan and fees for the duration…if we don’t break even, we may have a tiny cash flow.the builder is using it as a model until they sell the remaining units they will build over the next couple years.

Considering you currently have 0% household expenses, I believe this should actually be less risky if you currently live for free. 

And you are offsetting a W-2 income in the household.

These properties will appeal to certain renters but it's going to be a tiny minority and you'll have plenty of competition for that limited demand.

You can specify the coverage level for the dwelling, household furnishings, loss of use, liability, and medical payments to others.

We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.

We have a rural lake house, but it is on a paved road in a tiny little lake town.

Standalone brick and mortars like compass are the ones that are burning through money and taking it from the agent and customerBH is not really publicly traded....sure the big conglomerate is, but the real estate piece is a tiny portion of this company. 

There are a TON of tiny/small towns in MN where $70k will buy you a house outright that will definitely cash flow.