I've just watched the "gator method" today.

You should setup multiple ways to accept payment.Our tenants have the following methods to remit rent (no cash) -1) Online payment sysem2) Zelle3) Bank deposit at Bank of America.4) Come to the office to remit funds.

It has ample basement living space, that the tenant uses as a third bedroom.

You should have ample reserves and make sure the house is not a money pit from the maintenance perspective. 

I hope to find a single-family home with at least 4 bedrooms, use the BRRR method to turn it into a short-term rental property.

Oh....you can also pay off the mortgage even faster with your ample income or soon to be ample income.  3-5 year payoff time is definitely possible. 

High ceilings, spacious loading docks, ample parking, and cutting-edge security systems ensure optimal operational efficiency.

I just did a quick search of the area and there appears to be an ample supply of properties with an average rent of approximately $1.10/SF.

If you’re patient and methodical, though, cash flow can absolutely become a reliable income stream.Hope that helps!

The time allotted on the initial contract was ample time for the buyer to close.