Quote from @Nathan Gesner: Quote from @Danielle Levy: I agree with Nathan, you should bring more to the table and lay it all out there so that we can give you the exact detailed answers you are looking for to be successful.

Quote from @Renee Everett: Newbie female investor looking to learn more about the BRRR method to create a successful portfolio with my husband. 

It’s temporarily lost its shine because of the slow down in transactions.

Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.

Lastly, the barrier to being a successful landlord is getting slightly more difficult (still not wildly difficult) year over year due to tenant friendly legislation being passed.

. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

Its comical how few people understand how luck in a particular economic cycle plays into their successes. 

I’ve done one successfully in the past, so I’m not a complete novice regarding the topic, but that one experience doesn’t make me any less worried about the possibility of running out of time.

Quote from @John Perkins: Investment Info:Single-family residence fix & flip investment in Success.

I've been using the BRRRR method more recently with some success.