Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Feel free to reach out if you have any questions about the refi stage of this BRRRR. 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I look at foreclosures.comOut of the 3 stages I am definitely not ready for an auctionpreclosure / short sales:- I need to research how to take over a deed / title- need to prepare how to do door knocking (I have a sales background and feel confident in dealing with an emotional conversation about someone’s home) - there IS a window of like 4 weeks that I need to prepare for (have my finances in order) to then bid before it goes to auction?

Cool wish you the best and post about your project as you go through the different stages I am sure the audience here would really appreciate it from your POV

The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

Actually pretty safe, another 20 foot higher than this flood stage.  

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

You started off good with cost being paid in stages, but it sounds like you paid before you verified they actually hit their benchmarks.b.

What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw).