You should not model yourself after somebody like that.

@Rachel OdumuYour estimated closing costs are mostly variable because they include items such as lender fees (origination, processing, underwriting), title fees, attorney fees, recording fees, prepaid property taxes, prepaid interest, prepaid home insurance, etc.

I Seems like buying a house that doesn't need rehab just breaks the the BRRRR model as you don't get the lifted appraisal from the rehab and therefore lose the opportunity to get your money out of the deal, your downpayment stays in...

I'm not sure why this is, but you'll definitely have better luck getting a renter with these items provided.

When it comes to geographic metrics items like job growth, rent growth, employment diversification, local landlord laws/regulations and population growth.

It is for a re-modeling project. 

I'm not suggesting that you not look into ALF, but recent events has really ripped the roof off (literally) on the business model and difficulty for owners and managers providing for residents AND the resulting law suits that will follow when bad things happen.It would be my guess that business E&O, liability insurance will reflect these newly visible realities.   

Lastly, it would be best to start engaging in the RE community in the Greater Boston area to hear what people are doing and how you can emulate their business model. 

., there is no simple formula, as you need to look at upcoming Capex items for the rest of your projected hold period, and need to factor in appreciation (or stagnation) of values.  

Turnover kills potential profit down here in my property class and in my handyman business model or almost any self-managed model similar to it.2.