They would not be in the price range that most BRRRR falls into (possibly 10x more) but the math works well so far using them for short term rentals in high demand areas; all while allowing us to stay there too.  

How do you take into consideration damage,tenets leaving, repairs, etc, what is the math you would estimate.

I'll give you a great example, a few months back there was a post on BP that blew up asking for mentorship, I said I was willing to answer questions people had and teach them the math etc.

This however is not my model as I'm a per room model but in this case having done the math with only 3 bedrooms it would make sense to just rent to 1 family, get that out the way then deal with the non-permitted as well as other side of house.

You could save the money to buy it on your own or with a partner, you would need to do the math to figure out how long that will take you.

I love the idea of real estate investing because of the math and creativity that goes into it.

I am going to dig into this further, but my feeling was CoC was less than 1% on the Tipp City offer based on multi-family math...what got my wife and I interested in this is a real estate lady in Portland had said there was storage shortage, so then around that time we ended up buying a 4 plex.

But do your homework because text message blast and bandit signs could be illegal in your area. 

That is a math question really.

Make sure you do your homework.