It is fairly basic compared to other changes in accounting method.

Or is there a more efficient method to do this?

looking for suggestions on best methods/websites for marketing a long term rental.

I am here to learn about real estate investing especially the BRRR method.

My clients with $200k-$250k cash are able to get much, much higher ROI on real estate investing than what you're considering through some creative methods. 

I would suggest they understand various strategies/methods to invest in real estate and then let that drive their next steps as opposed to the dollar amount they have to invest.

Calculating the Deduction: Choose between the simplified method (a flat rate per square foot) or the regular method (actual expenses).How do you manage your home office deductions?

What are the pros and cons of each method?

With the little knowledge that I have on this method, I started building it as if they were flipping a property... - They put in 2/3 of the money- Monthly payouts of 50% of profits- 4 month termBased on the pro forma of the rental, they'd have around a 30-35% roi by the end of the term.

My company bought dozens of properties using this method and I was sure we didn't overpay.