Has anyone successfully done this?

Buy an apartment building, rehab the vacant units, and sell property once fully stabilized (with an alternate exit strategy of refinancing with a commercial lender).The acquisition and construction will be financed by private money, the renovations performed by a GC, and the property listed and sold via a traditional agent.  

Based on the performance numbers you might consider selling in years 3-5 where you have milked the most bang for your buck out of it.

By sell, you cannot sell a unit or two from a multifamily that is not performing but you can sell a sf or two that are not performing much easier.

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

Happy investing to you and you're in the right place to learn everything you need to get motivated, started and on your way to becoming a successful real estate investor. 

Generally speaking, most successful investors (and just people in general) aren't looking to mentor people free.

Anyways, just wanted to share my success with the  BRRR method, with the hopes that it would motivate new investors to get off the fence and jump it.  

Looking to connect with those having success investing in single-family rentals in Royal Oak to Birmingham, MI. 

I am also open to Partnerships or funds so if there are groups or firms you would recommend with good reputations of success who work with informed investors that would be helpful as well.