That literally would have taken about 15 minutes and no ugly hole in the wall.2.

It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.

I’ve received a number of responses from investors essentially stating that they use a simple buy/rent/hold approach in small residential properties, and have accumulated net worths in the 1 - 3 million $ range starting with just one mortgaged SFR. 

And they are literally out that $50k compare to if they bought the house next to you (with $62k down) and made it an Airbnb.

The IRR only view is just too simple and other assumptions are too generic.The reality is you always want your money sort of levered with assets against the USD.

You can usually find some events by doing a simple google search.

BRRRRs are not simple.  

Most self managers are intimidated by the process and put up with stressful issues like this for years and never take the simple, obvious steps.

I'm asking specifically because I am thinking about throwing a treadmill or elliptical machine in the living room if the person wants to exercise a little while they're there.The unit isn't huge (around 1k sq feet) and it will probably look tacky, but I was wondering if other people have found value in providing some simple exercise equipment, even if it seems out of place.

This is literally what a pre-approval letter from a lender does - it shows that a lender has taken a solid look at the buyer and confirmed that there is a decent probability that they will get the loan needed to close.