On the rent-by-room question: that is correct, about 18-24 months ago, rent-by-the-room was okay in the DSCR space, but those times are behind us.

that will tell a lot.. the mastermind i went to you had to prove how many deals you were doing they checked you out and you had to be invited... and there definitely was some of the top players in the industry there and quite a few that we know on BP as top providers in their space be it turn key  financing and wholesaling and also those that sell coaching.. ( which most on BP dont care for frankly)

Publication 336 (cash method section) gives a clear example very similar to the situation described where constructive receipt was made because the agent of the taxpayer received payment for the taxpayer. 

It is our goal to deliver all of this in the RTR Academy along with a plethora of benefits to students to include:-VIP access to RTR inventory before the general public-ability to earn back course fees through investing & our attractive referral program-tax, legal & investing advice from our team of attorney, CPAs & investment advisors-no cost SDIRA or solo 401(k) account to invest through retirement vehicles -lifetime membership with no ongoing or additional fees, etc.!

Finding another end lender that can underwrite based off actuals would add a lot of liquidity to the space. 

Are you currently in the STR or LTR space / are you looking to expand into one or the other as you grow your portfolio? 

2) Electrical: Because we have no heat, we've been using two space heaters.

Problem is it doesn’t exist as a “public” offering.  

Quote from @Caleb Rehg: Quote from @Will Gastonstonton: @Caleb Rehg This thread may be helpful: Nearing 1,000 College Students: Here's What I've Learned Sounds like you know what you are talking about in this space. 

Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win.