Perhaps the homes you're using for your own business model are different than the types of homes we're using and with that, perhaps the type of clients you have are different than the type of clients we have. so with this information, it makes sense that our answers/responses are different.

We have pivoted to a co-living model on the rental side to increase cash flow so we want to master the property management of that before scaling too much.

We stay away from pull-out couches as that is our business model.

What models do you use to evaluate risk, cash flow, etc?

I have a contractor who gave me two options:1) Do the things listed above - which is under the budget I set for the reno as part of the due diligence process2) Do all the 'must-do' items, and also replace the roof (roof is 12-15 years old but passed inspection), vinyl siding, cover the existing hardwood flooring with LVP, and upgrade the kitchen - items that aren't absolutely necessary to do now, but would increase the appraisal and reduce maintenance costs in the future.

I've generally seen 1-4 and then 5+ so curious as to what was driving the 1-5 and how the model handles the different mortgage types in its evaluation?

My favorite strategy is STR/MTR hybrid model.

I’m looking to build a solid relationship with someone who understands the BRRRR-style model and is comfortable working with this type of tenant setup (sober living, structured housing).Appreciate any insights or recommendations, especially from those who’ve built strong lender relationships over multiple deals.

And a model for others in good governance (Property Assessor).The Fed is Driving in the FogWell, another week has passed, and our congresspeople seem to be loading up their plates to continue the budgetary food fight.

In practice, most operators (including platforms like PadSplit) operate successfully without specific licensing because these homes don’t fit the typical short-term rental model—average stays are often six to eight months rather than nightly or weekly.The benefits of this strategy are clear: it helps create affordable housing options in a market where affordability is increasingly scarce, and it fills a short-term housing need for working professionals, students, and those transitioning between life stages.