That's just my 2 centsTesla blew that one out of the water with the model 3.. many bought  before they test drove them.. :) .. but I get it.I have a vendor in B ham that Is not a big promoter and does a great job... been doing business with him for 14 years now.very hands on.. and usually builds portfolio for his clients.. some have 20 to 50 homes with him..

I am an aspiring NJ wholesaler ready to get started assisting real estate investors in finding properties, conducting cost analysis, contacting contractors, tenants, etc., all in an attempt to learn more about the real estate investing business.

@Alex SanfilippoThe model you are describing - leasing by the room (I doubt you can legally lease by the bed, nor would you want to) - sounds like a rooming house/complex ... regardless of the fact it is a condominium complex.If this is an existing operation and you are merely taking over management, I presume it is in compliance with zoning - i.e. it is a sanctioned rooming house.  

This model has worked very well, for me as I have had my renters in my homes for between 5 and 8 years, and have been lucky to continue to collect rents thru the summer.One thing that I believe new investors seem to miss about the TK system is if you have received solid answers and a few good references (especially from investors with multiple properties) you either trust them or you don't.

That's pretty much the BRRRR model in a nutshell.

You run all your credit hard pulls within 2-3 week window, the new credit fico scoring models associate multiple hard pulls from mortgage companies as "one pull," if you can cluster them within a smaller window of time.Some experts say 2-3 weeks but if it was me I'd run them all within 2 weeks to make sure.

I prefer the perspective of: a 'deal' is the transaction that fits your model (read: end-game), regardless of it's conformity or lack-thereof to a metric. 

Our is a pretty unique model creating affordable housing with great returns.

Your profit and repayment of loan is assured with the note and mortgage, and the net profit for the seller is greater than the 65% of ARV less costs model.

There is nothing unethical about my business model.