Michael, check out furnishedfinder.com/statsType in your zip code and you’ll get a good bit of data on what people are looking for.Then, I would go on furnishedfinder.com and look around as if you were wanting to rent a MTR yourself.

I just want to see how it's worked for people who have actually gone through it. 

Some people swear by his program.

I see some people doing this successfully in the Bay Area and Southern California. 

@Dave Ivery New people can and should buy RE but the ROI is less.

I don't have a great understanding of sub2.

Type doesn't matter.What gets people confused sometimes are the terms "like kind" and "qualified use". 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Typically the people who arbitrage properties are operating complex's with 10+ units at a time. 

@Jessica DiPonziano I moved to a small community 2400 people in the summer, probably 30,000 people in a 45 mile radius 28 years ago.