Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum. 

how sustainable is this model?

I also modeled out what the investment might look like if the exit cap rate increased compared to the purchase cap rate.2.

Depending on what model I use, I obviously get a different DSCR.

:Intriguing model – Fits the niche of offering a housing alternative that is cheaper than a studio apartment.

with the subscription model, i pay less for VRBO bookings than Airbnb.

I have had several of my short-term owners go to a self-insure model (i.e. they only get liability insurance on paid for properties) in recent years.

And although it may be very nice of you to want to help traveling nurses, that may be a misguided model for your business.

Where I invest, there is quarterly garbage fees LL pays, which get billed back to tenant.Sounds like this model would work for you too.

Think uber/lyft driver contractor structure.But the call center staff who handle the important stuff like leasing, arranging repairs, etc. work overseas and likely do not have intimate knowledge of your rental area.That said, I’m not bashing this model.