BEGINNER NEED NEED SEASONED WISDOM

[Leanna Abu]

I am a SAHM 28 while my husband is 33 a computer engineer. We have a nice piece of money that we have gathered about 20k and would like for it to go towards our first investment property. We are in the process right now of gathering as much information as possible on BRRRR and trying to determine if its the right path for us vs fix and flip. when reading a researching about real estate investing many people make it seem so straightforward , black and white, clean and easy. My questions is what are the cons of this business, specifically brrrr? I would feel more comfortable knowing the downside and the cons than to hear all the good that comes with investing using BRRRRR.Any advice or guidance would be appreciated, we are located in Michigan.