Was having a fun, purely academic conversation with someone and somehow the topic went from the stock market, ETF's, to real estate, to BRRR's and either he or I or both us came up with this and wondered is this a legit strategy that others have used?

It's also a fun place to live (says the guy who lives in Houston). 

We found Michigan winters to be blah and too long/drawn out.

It's not a lot of fun to manage a rental from that distance.3.

I suggest all new investors do a HH rent by the room. if you read the books above youll see why.Have fun!

It could be heat in the winter(in Michigan) or AC in the summer (imagine them running AC at 70 degrees all summer in Phoenix) or just general disregard for leaving lights on and things like that.

Dead winter is not an ideal time to rent out a property so I expect it could take me 4-6 weeks or require discounting.

Have fun!

Quote from @Marc Winter: Based on the last 4 housing crashes I've survived (and lived to talk about), we are teetering on the brink of a major downturn in many geographic areas.  

Haven't seen activity increase like crazy but I think end of August(after school starts) activity will increase before the Winter