In this market the rent:price is usually around 0.5%, pretty terrible.

Moving from a multi-family (like your 3 units) to a single-family setup can offer attractive rents, especially when targeting college housing, but it can also be a tricky path.From what I’ve seen, success depends on local market dynamics and the specific demand for single-family vs multi-family rentals.

Is there an online calculator for this?

BRRRR is not a great strategy in most markets now because inventory to buy is low so you have to pay more which shrinks your mini-renovation to rent ratio due to rates as well.LLCs are of no use to you now at all unless you are going to run a business through it before investing in real estate for two years.

They are marketing a new deal in North Carolina on FB.

We do have a meeting with a local broker/real estate agent next week but thought it would be best to jump on line and take a look at some local properties and if nothing else practice our valuation process.

I am looking for any helpful information you have to share or any (free online) resources; podcasts, books etc.

    Hello BP community,We are in the process of attempting to optimize our first STR property in a very seasonal market.

I'd also have two relators walk through it and give a price for what it would sell for on the open market. 

But in every market you have two types of prices.