**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.

This means paying a little extra upfront to access comprehensive databases of potential buyers and sellers, sales skills, contracts, etc allowing you to expand your reach and efficiency significantly.

I don’t recommend the tile and would have reservations about someone who wasn’t skilled trying to install the wallpaper.

We both have some home repair skills, but would likely need to hire out larger work such as electrical, plumbing, roofing, siding, etc.Thanks for the help!

Recognize being the GC is work, requires strong organization skills (especially with tight timelines), decent communication skills, and design skills.I have acted as GC many times and have done well on these rehabs but I recently completed a large rehab (completed mid May).  

I'm also fairly skilled in the trades so I know what to look for when it comes to certain things and I can do alot of things myself but time is usually hard to manage.

This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit.

As part of my investing journey, I'm now on quite a few wholesaler lists and receive off-market deals almost daily.On properties I'm interested in, I'll get into the research on the property and then run numbers (working hard to develop these skills), and then I'll notice that some of these deals aren't deals.For example a property is being wholesaled for 120k, but was last bought in 2022 for 60k, it needs a ton of work (30k est), it's vacant, and they say'll it'll ARV at 180k and the neighborhood comps (both nearby sold properties and even rents actually) do not support that ARV.

I have been given the opportunity to start an Investor division at my Brokerage.Our goal is to create a team of highly skilled agents who excel in understanding and meeting the unique needs of investors.

This will give you the hands down most valuable skill in RE which is sourcing good deals.