I don't think the article factors in the overall cost of living increase.

The cost and work to furnish, decorate, and outfit a unit with the necessities to be used as an STR would only make sense if you think this flip is in serious trouble and likely won't sell for quite a long time.

I would worry more about the ACTUAL cost like insurance, water bill and fixing post purchase.Looking for investor now to get myself another building during this bad time.  

.$995 is great rent but you also don't want to evict if tenants can't pay because turnover costs can kill the ROI.Just my opinion 

How much is your current rent or cost to rent a similar property you are looking for?

What all are common items included in closing costs on a wholesale transaction?

Have you incentivized a GC with bonuses to meeting or exceeding cost/schedules? 

Question: Is it worth it to perform a cost segregation when you rent out spare bedrooms ? 

Let’s take a deeper dive.Bonus DepreciationDepreciation allows you to deduct the cost of an asset over its useful life.

A lot of CA investors go out of state to start because it's more cost effective and lower price points, look into markets like Detroit, Kansas City, St.