Using the BRRRR method and all related fees.

[William Davis]

So, I'm new to the game, and I don't really know what I should be doing when it comes to actually executing the BRRRR method, its one thing to know it and study it, but another to actually do it. I have a few investors ready when I get a deal on a home. Specifically in LA, property prices are ~300K and I won't be able to get all that from investors. Should I go to hard money lenders for the rest or keep looking for more Private money? Also, what legal work has to be done when I do get tenants? I have a very good understanding of how the BRRRR method works, but I don't quite know about all the ins and outs of what the property needs to become a good rental. I would be splitting the property with a parter for my first property. Any info about the nitty gritty stuff would be very much appreciated.