To me I'm not seeing this as clearly as those who are deep into the BRRRR philosophy.ELI5Also, the rehab part gets old after a while...rehab and maintenance never ends.

If I rent it out, I'll be hiring a property manager because I don't want to deal with trying to manage it from out of state.Some numbers:Purchased with 0% down VA loanPurchase Price: 189KMortgage: 172KRate: 2.25%4 Bed / 2.5 Bath~2400sq/ftBuilt in 1992Zillow Sales Estimate: 280KZillow Rent Estimate: 2,100/moRoof and AC are less than 10 years old.

Oldest is 7+ years old and newest property is 4 years old. 

I’m a 28 year old married man with a 3 week old son.

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.

Hello everyone,I am from Alexandria, VA located at the border of Washington DC and Prince George County, MD working for a kitchen and bath remodeling company since 2017 known as European Granite Design that also fabricates granite, quartz, marble and quartzite countertops since 2003.I'm experienced Sales and project manager also designs kitchens & bathrooms for remodeling.Using my expertise and connections I want to start working for myself flipping old condos or houses in the Washington DC, Maryland and Northern Virginia (DMV) area.

Hi John,Welcome to the world of real estate investing—it sounds like you’ve got an amazing foundation to build on, even if you’re just starting out.

My guess is it's not the business of this little old lady he's renting from. 

So they really had no choice IMHO....Welcome to the landlord world I guess.....makes ya wonder why we do this sometimes, huh?

I am thrilled to join this community as I embark on my journey into the world of real estate investing while I’m new to this field, I am able to learn connect with experienced investors and share my progress along the way.