After research, I guess it'll be about anywhere from 60k to 70k worth if renovated and about 800 dollars in monthly income.I know its not the perfect way of doing things and hope it will all work out, but I'm eager to start that 1st rental without me having to stop driving. got to keep the $$$ coming in lolAny tips are welcome

Make the numbers work and it will all work out.

I'm sure that will work out as fine as hiring someone from HomeAdvisor, where you pay per zip code to be listed as a contractor.

There is enough equity in the deal that they are able to take out a supplemental loan at today's terms to make their cash on cash work out to their goals.

Mentorship typically doesn't workout because the mentee thinks that the mentor will do all the work, which isn't the case. 

If there is any traveling nurses on here I am especially interested in marketing to nurses and Im very curious how this rental model will work out. 

Second living space perfect for study or yoga room.

For me the deciding factor is what is your plan b and c if plan a doesn't work out?

I think a hard money lender would work out pretty well in your situation.

how did it work out for you?