It can be very effective in messy circumstances, especially when the issue is broken communication and wrong assumptions on each side.

Hi Andrea,I looked at your analysis and if you are looking at it as a STR I think those assumptions are way off.  

Finally, make sure that you're running your numbers based on very conservative assumptions.

My assumption was that the people in the lower end neighborhoods would have less mobility so would stay put while people that are moving out of the more expensive areas may be moving away to other cities, etc but maybe I'm completely off base.

That Rent is median for the area based on the BP rent tool... its $400 lower than other 3/2 in the area (3/2= $1500 1/1= 1100 )So it’s an assumption.

Generally the assumption is, if you're driving on a road, dirt or otherwise, you must have legal access. 

Long term appreciation of the land is one of the assumptions you can make in your underwriting.

@jodysperling  I am trying to take your response with a grain of salt.I don’t agree with your assumption that we live beyond our means - 40k in student loans for Masters Degrees and 10k in car notes and 10k on an interest free Home Depot PRO card is not ideal - but certainly not “living beyond our means.”

That said, some considerations to your strategy:Sounds like there are two assumptions that should be validated (if you haven’t already, of course):Zoning - will you be allowed to rent top and bottom after moving out?

Go over the assumptions on the BRRR and rent calculator and make your adjustments accordingly.