In addition to Stephanie and James, I am an agent (newer) as well and aspiring investor.

I love this model as an operator, but for what it’s worth, we’ve looked into purchasing campgrounds with this setup before and it gets very messy very quickly.

Systems, processes, efficient, organized, steady, handles all the details.Another model is:1.

Systems, processes, efficient, organized, steady, handles all the details.Another model is:1.

Hey Thomasina, I'm very intrigued by the rent by room model.  

Would love to see the deck and model

Quote from @Rene Hosman: The average vacancy rate in Austin, TX is currently hovering around 15%.The best thing to do is to chat with agents in any market to see what real estate investing model fits your vision!

Picture a developer that purchases a piece of land and has sites to build on (or build model homes).

Instead, a furnished rental model might better align with your objectives.

The spreadsheet also allows for changing up the variables (bank account, cash flow, HELOC interest rates, etc...) to model different scenarios.