The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

@Jeff S. thank you for providing that very helpful information!  

The information contained in this post is not to be relied upon.

The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.

You will learn a lot during that time that will help you grow and mature besides the course information.

Hello, I want to move forward in forming my first BRRRR team here in the Upper Peninsula of Michigan but I'm not quite sure where to start. 

I wrote the above for informational purposes.

You haven't provided enough information on that to allow specific advice.If you purchased the property in 2020 you should still be at a good interest rate (assuming a 5 year balloon ARM).

As an investor, I value an agent coming to me with deals based on their in depth knowledge of the real estate landscape, networking, connections, and additional information they might be privy to.