Evolution of buy and hold? Did we move to BRRRR bc 2% is dying?

[Brett Danehey]

As I've been analyzing deals in my market and always trying to keep the rules of thumb in my head 1%, 2%, 50%. I keep coming back to it's tough to make happen. Looking at the evolution from 2013 beginning of the podcast, which I started at to where the podcast is now and how the markets have changed so drastically. Do you think that this is the evolution that we have left trying to find those 1%, 2% and have moved into the BRRRR method and having to search the country to try to find the 1%, 2% on untapped markets vs looking in your 2 hr radius??

I know many people were doing BRRRR well before, and it's not a direct correlation. But what are your thoughts, do you think the rise of real estate has made these rules of thumb a bit obsolete when analyzing deals??