@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.

Hey @Tom Dieringer, there is a ton and at the same time, not much at all.It really depends on the market you are in.

(I helped/mentored a lot of hosts to know this)Of course, it is market-dependable and depends on the size of your accounts.

You follow you get results, what type depends on how you work the system.

Charleston etc. is that folks there are HIGHLY dependent on local attorneys to do their paper work/ escrow functions prep deeds etc etc. 

However, it all is market-dependent.

It'll be property specific depending on the condition but I'd say anywhere around 5% is going to be a number to start with. 5% cap ex. 8-10% for management. 5% for vacancy.

If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

Depending on the state and even the county, the eviction process can be a nightmare. 

If you go conventional the lender will require 20-30% down depending on your profile and the deal terms.