They're generally more stable and less management-intensive while you learn the ropes.

The beauty of this is that intermediaries who work with me know that I make “fair” offers based on VERIFIABLE facts, that I follow through with completed deals unless important information was with held or information provided was false, and that there’s absolutely no value in presenting deals to me where the seller/borrower/investor is unrealistic, naive, or otherwise wanting to “test” the market.  

It can be more capital intensive up front and take a little more time than a traditional BRRRR but it gets you started.  

I use Wisconsin Legal Blank forms, they are inexpensive and court-tested.

There is currently no requirement for the landlord to test for lead or pay to replace the pipes.

One thing I'm trying to do is to test different cover photos to see which ones draw a greater % of click-thrus (which seems like a reasonable thing to test).I'd like to be able to view the Airbnb stats to see, for each cover photo I test, things like what % of people click through on it.

Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck! 

Early testing of this new system indicates that it’s a pain to get access to.

Start by building a solid team, analyzing deals carefully, and making your first purchase to test and refine your strategy.Good luck!

Lead paint testing requires no supervision or follow-up inspection.