With QBO Plus you'll be able to do class tracking as mentioned above. 

See the next post regarding the deal mentioned above...

Not to mention, with option #2, your investor only needs to bring $150k or so (with finder's fee) to the table which makes it easier than finding $500k. 

I built them out of lumber and chicken wire like Dick mentioned.

@Matt K. as mentioned we are still finalizing the numbers.

Not to mention the quality of life.

I agree with others that he is trying to hide something, and hoping you'll overlook the background checks by figuratively waving a fistful of cash in your face.Many good reasons mentioned above to avoid a tenant that wants to prepay all the rent. 

Neighborhood is about b to b- in wisconson.1 of the applicant mentioned they want a better neighborhood as for reason for moving.

Not to mention a mile off the strip probably means it’s zoned R1 which does not allow over night rentals. 

@Jordan Blackwell as you and some of the responders mentioned hypothecation is probably closest to what you're getting at though the practicality of successfully doing so is likely far less than BRRRing with real property.