I appreciate the suggestion to explore materials beyond cedar—I'll definitely consider other options that might suit the look I want to achieve.

I hung on the cubicle for balance with my head down and kept muttering to myself, no door, no door.

Given that the house is paid off but has $27K in back taxes, you could offer to cover those taxes upfront in exchange for favorable terms on the remaining balance—like low (or no) down payment, and small monthly payments.You could also negotiate for a subject-to deal where you take over the property subject to the taxes, while still securing control of the property for your BRRRR strategy.

I think what he discusses is the everyday person working a W2 needs a goal they can achieve.

This is what the above illustration shows.Once you know the property profile that will attract your desired tenant segment, you can find properties, either off-market or on the MLS.You make all decisions based on achieving financial freedom, and there's little luck or guessing required.

That's the tough part...we really like them and want them to stay, but we got creamed on taxes this year, so we do need to charge more to make it balance.

By your own admission you don’t have the balance sheet to buy real estate or borrow and haven’t taken any projects full cycle.

The land is often far from urban areas where housing is needed most, and environmental concerns must be balanced.

IF, they were willing to take the risk inherent in all “subject to” transaction done without lender approval, they would have also been able to “capture”, and added to their wealth, the difference between 9% and 3.25% on the underlying $375,000 loan balance, or about $21,500 per year.3.

If your purchase loan is $100,000 and you have $25,000 in rehab holdback, you are only paying interest on the amount of the principal balance each month.