That’s super helpful.my back up plans to that idea were to either.A. 1031 it into a new build with far less maintenance costs for another 3-5 years before recycling that same concept. 

This strategy allows for a relatively fast recycling of cash and free cash flow.The market has shifted hard and appreciation is not on the same trajectory as it was a few years ago, but it does still exist especially if you can force it. $200-$300k of appreciation on day one on a sub $1M property in the Bay Area is pretty good.

People don't believe it comes from the same water source...Be warned in our homes in Florida & Australia it is not.A lot of homes have recycled non-potable water fed back to the homes for outside watering etc.

So, if you are making $27 per hour or more, throw everything I just said into the recycle machine.

Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.

Most of GP syndicator have received bad reviews from debt agencies, by saying their business plan doesn't make sense, and that the NOI target  is off by 20-30% sometimes.For (2), understanding the CRE/RE cycle is important; from a historical basis, there are always two mini-bullish cycles after one downturn, and one mini cycle is about 4-5 years. in 2020 we are reaching the third cycle where usually we will see more volatility and indeed it does happen.

But that’s because I complete some type of rehab and increase the value of the property and recycle my cash.

Or selling a house 2-3x in value and going and recycling the capital.The last 15 years everyone has been brilliant, it's because it's been conveyed by popular folks on this exact board that you just a house that's intrinsic and it's easy.

We work with a mix of investors: some who share the same sentiment and like the idea of less maintenance and others who prefer BRRR method to keep recycling their cash.What are you looking to do with the property?

The designated responsible party must be available on-site to address any issues as soon as one (1) hour following notification from an occupant, a city official, a code compliance officer, or law enforcement officer.Prior to the city issuing a certificate of registration, the vacation rental is subject to inspection to ensure compliance with: (1) minimum safety requirements under section 34.5-12; (2) minimum information requirements under section 34.5-13; and (3) to confirm compliance with Chapter 34.5 generally as well as any other applicable provisions of the Sarasota City Code and Zoning Code.The minimum safety requirements are set forth in section 34.5-12 and include compliance with the Residential Swimming Pool Safety Act, operation of smoke and carbon monoxide detection systems, and installation of fire extinguishers.The minimum informational requirements are set forth in section 34.5-13 and include, among other things, providing: (1) the location of the nearest hospital; (2) the non-emergency police telephone number; (3) the dates and approximate times of trash and recycling pick up; (4) the street address of the vacation rental; (5) the name and phone number of the designated responsible party or parties; and (6) emergency evacuation instructions.