Costs are also a bit high right now and it’s a substantial investment, likely $1000s per day to run at a scale that would be useful to the community.

Some agents might lean towards a fixed fee for off-market deals if they're more in a consulting role rather than running the whole show.

You'll likely see higher fees and/or rates with those sorts of programs. 

Fathom does have a mentor program for beginners coming to Fathom, is based on servant leadership, offers 100% commission less a transaction and an annual fee and more.

My goal is to fill the vacancy, even if I am not making that much per night.

You get grandfathered into the codes that were in place at the time, you get the old setbacks, you don't pay an architect, engineer, city and permit fees, plan check costs, school fees and other costs that will not come with an existing house.Not saying that you can't build new for less than a remodel, but not usually when you add in all the costs above. 

We also will pay 13% per annum paid monthly for the duration of the project.

@Marcos A MirandaIf you're net is $150-$200 per month and you have a property that is over 500k and you bought in a high appreciation area your will likely gain more in appreciation than cash flow in the next 2-5 years.

The market appreciates 3% per year.If you pay cash for one house and rent it for $1,500, after five years, you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Or you can choose to finance four houses with $50,000 down on each.

cash flow per month?