Previous rent comps were closer to $2,500 (supply/demand still askew in our market). 

This is an interesting article discussing the end of the forbearance program. The number of homes coming off the program is 1.5 million, with 1.3 million as inventory nationally now.As they note, many will resume payi...

You need to be sure you know the current regulations.  

Also to add what was mentioned above, we have found excellent designers that you can hire for an hourly rate, that in a short amount of time can basically design and pick out all of the supplies needed for the job.

You will want to dig into why they are below market -- lazy seller, poor unit condition, high supply of units, etc.

Three people is small enough where you can get away with doing this and avoid any SEC regulations on raising capital. 

Another piece to remember, particularly in the current supply chain we are living with: lead times can be extremely long.  

In order to use them I'd have to supply the shingles and any extra plywood and (worse) drag all the old shingles (two layers) off to the dump. 

.• A dwindling supply of affordable single-family housing units, combined with a resurgence in suburban demand bodes well for assets located throughout AtlantaIndustrial• Annual industrial absorption is expected to remain strong through 2022.

They tracked debris in everywhere, carpet cleaning had to be done twiceDidn't take showers before going to bed, so all the sheets were ruinedRuined the towels when they did take showers as they werefull of construction crapLeft garbage piled up inside instead of putting it in the exterior trashbinsOverall, we still made some money, but have turned down all construction crews since.IF you were going to pursue your strategy, suggest you rent out by bed (not room) and supply some hygiene basics.