Does anyone have experience with this method, and if so was it profitable for you?

My goal is to start with flips and eventually begin implementing the BRRRR method.

@Jim SpinosaIf you plan to consistently do multiple flips, you will be a dealer, your properties will be inventory, and you will not be able to spread the tax via installment sale method.

Repainted and did new trim in that room prior to marketing the room.

I have been researching the different financing methods, and would prefer to use portfolio lending for its better rates on my first flip.

I have been researching the different financing methods, and would prefer to use portfolio lending for its better rates on my first flip.

Landlord laws are very favorable in this area, you can typically get someone out in 30 days or potentially less with the cash for keys method. 

Saves you from having to either paint or wrap large portions of the exterior.3) Varnished trim on the interior. 

You already know they're calculating using a method that's not 'honest', so figure out what each unit can bring in with a yearly rental.

I contacted the tenants in every method that I had from the property manager including call/email/mail/posted letters on their doors to let them know where to mail checks and how to set up online payments.