This is my first post so forgive me if this wasn't the correct forum to post this question. 

Hey guys,
I have read a number of articles and books about the BRRRR method.  It is "marketed" as a way to scale up quickly, but I had a question regarding the method. 
It seems, obviously, that the method is strong...

The market will eventually correct the price. 

Quote from @Sarp Ka: Quote from @Patrick Roberts: Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

Here in TN we issue POQ within a couple of days of rent being overdue, usually giving them 14 days to correct before official eviction proceedings start.

You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

$2600 is correct/month.

It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

She is upset because I am charging her for a technician call so now suddenly she's at me with "my lease is not with you" stuff.Just wanted to make sure I was correct in my statement to her.