Either way, I am highly motivated to learn more, the pros outweigh the cons in my eyes.

In my experience, if you're willing to actively manage the property in conjunction with third-party help, the rewards will outweigh the risks.

The only downside is your review pool gets diluted, since they will be spread across two listings instead of consolidated in one, but I think the logistical pros will outweigh the cons here. 

Only then can you determine if the returns outweigh the costs.

For what i'm trying to accomplish the pros far outweigh the cons and I think that if you're using the investment strategy mentioned prior that would be true for most people but just because it works for me doesn't mean it works for everyone.To answer your question regarding getting your money back on the BRRRR ask yourself this, would that not be the same situation if all of your money was sitting in a checking account and then your ARV didn't appraise well? 

Unless you have significant assets to protect, the cons probably outweigh the pros.As far as renting to yourself, that's not really an option here.

That is to say, the right renovations will increase your monthly cash flow to the point where the cost of the renovation is outweighed by the increased rent it brings in.This realization was like a light bulb going off in my head.

Hi John,unfortunatly, there is no way that I know to reduce your taxable income except for the usual deductions like intererest, depreciation, repairs, maintenance etc..There are ways to reduce taxes by using a vvGmbH (a wealth managing llc) but you will need a large portfolio to outweigh the associated costs.In the current market, finding a property that generates sufficient cashflow is the hardest part in my opinion.

Clearly demand far outweighed supply.

Will the taxes paid outweigh the interest paid on a home loan?