I don't belong to David Lindahl's organization and have no ties to them.I would also agree that your PM is soooooooooooo important to implement your plan. 

I am looking to implement a buy and hold strategy for sfh with good cash flow and appreciation. 

hi Account Closed is this a strategy you've been implementing?

So the properties that this will work on are properties that can be flipped...but instead of selling at the end, you are holding the property.Not all properties, not all locations are conducive to flipping though, and that is where people trying to implement this strategy, or who try to flip often run into a brick wall.Locate the locations where flipping works....to do this, simply look and see where there are tons of flips going on.

On the bright side even if it the note doesn't work out the way you planned there are multiple other strategies you can implement incase things take a left turn. 

I would like to implement the BRRRR strategy out of state.

Marketing strategies differ between locations and the times (what worked last year may not be effective anymore).A question I have is: If you have a limited budget ($700/mo) for marketing, what would be the first 3 strategies you would implement immediately?

Finally, from a lender's perspective, lowering the LTV percentage increases the DSCR (Debt-Service Coverage Ratio).Manage WellIf things get scary, do NOT stop implementing your preventive maintenance plan, as that can lead to a downward spiral.

All of these "events" sell product and you must be able to implement it on your own when they leave town.

I've worked in construction (renovations, rehabs, residential prop mgmt, electrical) for 13 years and I'm looking forward to learning more about financing the implementation of that experience into a fix/flip and/or rent program as well as meeting new people to collaborate with.