I would not use nowadays FHA loan for a SFR.

Who in their right mind is signing your 9.75% loans, are you running these at 2:00am at the local casino parking lot? 

So if your plan was to do a HELOC instead of a full Refi for the BRRRR it might be a little tough to do that nowadays. 

Kid nowadays needs iPhone to travel just two miles.We are dumb.That's the time when BnB is actually "Bed And Breakfast", we use the actual taxi to reach somewhere in the city, rather than push a button from phone.

Nowadays if I need help, I have a network of contractors I can get manpower from and team up on work.I hold my advertisers accountable too.

Also new construction is way more energy efficient nowadays which saves the tenants money on utilities which is a huge bd Elliot point.It really boils down to the numbers and available inventory.

With technology nowadays, zoom calls and file uploading, most people I know work with accountants remotely. 

Where I live, Forest Heights, is less than 1 mile from Top Golf, Casino, National Harbor, Tanger Outlets, Movie Theatre, brand new target, new restaurants. 

To be able to secure more bookings when you aren't staying there,  I would caution against buying a place that is too far north along the east shore, many guests here like to be close to the action (Heavenly,  Casinos, the city of south lake)

When it comes to the Refinance portion of BRRRR, I understand that most banks nowadays have a 6-month seasoning period.