Naturally, I could go on their site but trust Bigger Pockets members more.

Looks like we are all wondering if its legit or more for the novice host?

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

I really do appreciate all the advice on this site and can't wait until I'm the one giving it instead of only asking for it. 

The entire site is listed with a bunch of hell-nos. 

I'm an investor, agent and PadSplit host.

I am not affiliated with any of the sites!

https://www.forbes.com/sites/amydobson/2019/09/12/these-10-cities-will-be-the-most-vulnerable-when-the-recession-hits/#355288432aa1@Ryan SwanCan you explain the high tenant demand?

Emphasize privacy, entertaining opportunities, and flexibility for hosting large family gatherings.

We have a ton of blogs on different neighborhoods on our site, feel free to check that out.