Your post is just, hey can someone explain BRRRR in general, but you really want a more streamlined answer and someone can only give that if you give more details about what you are unclear about and what you want to do.

Yes it affects your short term cash flow, but averaged out over the long run (decades) gets you a more realistic view of what your actual cash flow looks like.And what would you expect to net after fees if you were to sell these properties?

Hilton is launching a more affordable chain shortly - mostly new construction.

Finding deals is a more valuable skill, and much more challenging.

We've also had a number of people relocating to the area reach out and say that they would prefer a furnished unit while they looked for a more permanent housing solution (often purchasing a home). 

Given the current market for last minute pricing being much lower, I have my doubts that having a more lenient cancellation and would prefer the strictest possible.

Essentially all of the planning, permitting and projections ready to prepare the project for development and then sell the property with the additional 12 unit entitlement to a more seasoned or experienced developer.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

35-40% is a more standard realistic operating cost. 50% is too high.

Hi Brennan, A private loan might be a better option in this situation because it offers a clear and fixed return for your partner, making it a more straightforward investment with predictable income.