And is it feasible and similar to what I’ve heard upon doing my research. 

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

Similarly, homes that have unusual layouts or less traditional features often benefit from full staging, as it helps buyers envision how the space can work for them.That said, even in more budget-conscious markets, full-service staging can still provide a significant return on investment, especially if the home has been on the market for a while or if it's empty and lacks warmth.

It would be amazing if something similar were offered for Real Estate Syndications.” - Eli Hudson 

Appreciate the feedback, checked out your post and yeah I've had similar with roommates in the past.

I went through something similar - evaluating what accounting and tax solution to use after I got to 3 rentals/2LLCs and wanted to stop using spreadsheets.

Once you find a lender that finances properties similar to yours, start building a relationship.

It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

If I put myself in the shoes of the outside partner/investor friend, I would be very concerned because: 1) unclear and/or potentially conflicting business plan, 2) even with clarity in the BRRRR business plan, unclear in the viability of pulling it off with these market conditions, 3) the chances of dispute seems very high, especially if you're going to live in. 4 years ago, I went through a  similar thought process when purchasing an investing property with mainly my family money, while considering an outside investor to rehab for higher STR ROI... 

Similarly to what Mark Cruse stated above, provide dignified housing, respect your tenants, and either have a good PM or make sure you are updated on the regulations and best practices for placing tenants.