If a market is abnormally profitable, it's going to attract more entrants, which will push profitability back to normal levels.

You don't get to keep that income tax free...If you have to lie and cheat to get the property to work for you, I would just pass on it...you're starting off on a bad foot and will just lose the money you save later...And like @Jonathan Greene said - how did they get a COO without a permit?

ANR is already on the rise and back to " normal" pre Covid and show no resson not to feel they will exceed that given time. 

Because unfriendly properties still do a FULL-BLOWN Application on the tenant and can deny for any normal reason they deny any tenant.

Normally, Cleveland, OH is the list for cash flow but I'm not totally convinced if I should start there. 

thxCarlos Richardson Mathematically this normally makes sense but I get nervous giving people advice to do this. 

If this is how it works, do I ever go through the title company like I would in a normal wholesale transaction?

And we rarely need to use them.Tenants sign and initial each page of the condition report at signing, we quickly go through the property and let them take as long as they want.Ideally at move out they would sign the condition report, but this is nor normally done. 

I have 6 Co-Living properties (41 rooms) in Colorado Springs.Insurance:I've been seeing insurance companies start to offer Co-Living specific products that are very expensive (2x-3x normal cost).

The labor it takes to renovate 1000 square-foot property is typically the same depending on the finishes whether the house is going to be worth 500 K or 200 K.