They are model tenants otherwise...

Seems like their business model is basically "wholetailing".

Hi - I am new to real estate and evaluating several different models to start.

What expenses do you build into your proforma model?

If one disagrees with Zillow, its management, its business model, or whatever, the solutions seems staggeringly simple -- don't buy our advertising or ancillary products.

In my case I found STR model (both ways) to consume too much time and effort to continue with them so discontinued it.

Before the pandemic, my entire business model was based on flipping houses with investors, and then meeting the surrounding neighbors at the open house.

If you are going to have the coin laundry for future properties also put the camera cost in already to your expense numbers even if the seller doesn't have it.Your model will likely be different from how a current seller runs it.

I'm working on my business plan for wholesaling; specifically the financial model section.

I'd suggest that you evaluate the historical financial performance of the property and use that actual performance to create your financial model, and then see if you still think it's a great deal.If the 126 unit was built 30 years ago, it's probably class C or perhaps a B at best.