:>)If you had model match sales you don't need much help figuring it out, but obviously you don't.

I think i'll do my best to put together a spreadsheet modeling the financial outcome of various scenarios1.

@Joshua Zastrow, I actually ran a regression model with annual Census Bureau data from 2005-2017 to answer this exact question.I wanted to see what actually correlated to rising rents.

I also have a few more questions to ask.Things that I have learned:Property Condition - Fixer uppers are not a model choice for the VA loan, because it is risky to spend additional money to fix up a property to VA standards (fixing up and then buying with the VA loan)Jumbo VA Loan - The SFR limit on the VA loan always applies.

It is a very detailed class where we spend about 1.5 hours going through a model of buying four properties. https://www.biggerpockets.com/forums/521/topics/713742-free-denver-house-hacking-class

Use Arbitrage to stress test your business model- number of rooms, location, etc3. 

To know whether or not a property is a good deal you have to stretch your calculations to a 1-year, 10-year and 30-year projection that includes rent increases and appreciation.My business model is to double my investment capital every 1 to 2 year, or to earn a 50% to 100% return on my investment capital every year.

The annual numbers cover every MSA in the country.The first thing I did was create a regression model to see what metrics actually track with rising rent over the years 2005-2017 (2017 is most recently published ACS).

It's been functioning as a rented house-hack and we've been model tenants - never late, do our own minor repairs, etc. - and the PM and owner seem to appreciate us, such that they haven't increased our rent beyond the first year.

You'd have to run the numbers to determine if y'all could make this into a profitable business model.