BRRRR Method Questions

[Sam Mason]

Hi all

I have just learned about the BRRRR method and have some questions.

1. How do you find deals / relevant markets? It seems the recommended rehab is usually pretty minor, so I would've thought these deals will be snatched up quickly. Maybe in 2009-2010 there were lots (and still in some markets?), but how about now? 

2. In terms of financing, if you were to go in all cash at the front end, would this make 'refinancing' sooner easier?

3. When you refinance after securing a tenant, is the value based more on the return from the rental vs. the comps (both your initial purchase and also the surrounding comps)?

4. If anyone is doing this in Atlanta (a market I know), where are the areas that this is possible?

Thanks all