. $50k sounds like a lot to you but with the price of materials and of qualified labor, it does not go too far.

Current HELOC rates are typically 8-10% depending on your credit and lender, though some banks offer promotional rates.

all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable. 

Promote Structure - This is usually if you guys have 1 person who handles the majority of the business and the day-to-day operations.

It will cut down on the fake accounts created to promote certain individuals, markets etc.

I also will have a big promotion at work coming up that I will need to prepare for. 

Then you can avoid the self promotion issue. 

I have been consuming as much education/reading regarding out of state investing as I can as well as literature regarding buying larger buildings (not quite the syndication level) although I have been reading that material as well to digest.

It is a standard conventional loan and was offered as a promotional financing by builder at the rate of 5% for investors. 

While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.