Communicate, treat everyone with respect, and provide ample time.

It’s harder to accomplish now with higher interest rates but still attainable.

If you need to ‘snap  increase”  then by a large margin… give your tenants extra notice and just advise them that due to significant increases in expenses we must make some pretty major increases to our rents , but I’m giving you ample notice to either prepare for this change or to plan to find a new living situation.  

I'm in process of selling another property with no mortgage now and have the financing lined up for the next purchase as I'll have ample equity in a few weeks.

Velocity of money, or speed in which you can complete a BRRRR investment and repeat, is key to success, and refinancing with the shortest seasoning requirements is highly important.Loan terms and interest: Cash flow is also an important consideration for a refinanced rental property, so attaining a low interest rate, as well as other aspects of loan structure (term, amortization, or interest only, etc.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.

Fannie Mae's reduction of the down payment requirement for 2-4 units to just 5% for conventional is a game changer and has allowed house hacking to be more attainable.

Thank you both for your responses and for helping me reset my focus on more attainable properties.

It sounds like you're off to a good start and I think putting together 2-3 rentals in Colorado by 2026 is certainly doable/attainable. 

I was just suggesting to David that he chill out about the term "HELOC", when (given his massive savings) there's ample alternatives for him that will accomplish the same end (and most likely - cheaper)...

It is critical to identify markets with dynamic ecosystems of tech companies and employees, as well as ample availability of high-quality office space.”