Cleaner is paid a fixed rate for a specific job, you are paid a % of revenue.

Quote from @Dan Ermolovich: Hi,Unfortunately I am dealing with a tenant that has not paid rent since October in one of my Youngstown properties.

@Steven CatudalWhat was the prior valuation compared to what you paid for it?

Here are some key steps to get started with the BRRRR method:Keep Learning: Stick with reading and watching videos from experts like David Greene and Brandon Turner.Get Your Finances in Order: Save up for a down payment, check your credit score, and look into getting pre-approved for a loan.Research Markets: Find neighborhoods with growth potential and high rental demand.

The rental (SF) is paid off i.e.

Their debts would include not just car payments, student loans, and credit card payments but also things like child support paid.

You claim to receive no remuneration for this from the syndicates you are pitching- but only time will tell if you're the only guy not getting paid to raise money for others.

Fortunately, the tenant paid for all of it.They lived in a building with a nice laundry facility (six washers and dryers) that were priced below what the laundromats charge.

I have already shopped insurance, and the sellers are providing $5k towards prepaids/closing costs. 

But basically with a construction loan you will need to have considerable cash involved - most costs need to be paid for and then the bank will reimburse at certain checkpoints.You may want to start with some smaller value adds inside the existing house to maximize rent from the house hack.