., they are making a profit margin on that hourly charge.Another way PMCs usually make a markup on maintenance, is that they send you all invoices on their letterhead, or from a maintenance company they actually own.

Maybe the reason you disagree with the dollars is that you are comparing a cash on cash rate of return with actual dollars.

I just can't evict, only a Sheriff can physically evict.

this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc. 

Maybe deal with an actual insurance company then maybe you will change your perspective toward Airbnb haha..

Looking for any input or advice on how this strategy actually works.

You’d be shocked by how little actual screening many PMC’s do!

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Is just the fact that no garage could be a no go for some buyers enough to build it even if it only raises the value by the actual cost?

Actual results vary a bit with each project.Hopefully that gives you an idea of what a builder would look for in numbers for the market to make sense.