Collecting the rent 1930's style.

Huge difference paying for furniture in cash $30-50k up front vs financing it over 30 yearsMy cash on cash ROI goals require me to outlay as little up front cash as possible and buying furnished homes facilitates achieving that high ROI

Setting clear goals for what you want to achieve in multifamily investing can also help you stay focused and motivated.

However, the scenario you described could be achieved with most of the local HMLs here; I don't think you needed to pay 16% for that.

I'm seeking advice on how to achieve this goal and would appreciate any guidance on strategies I can implement to make this happen.Thank you in advance for your insights!

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Examples would be incorrect square footage, incorrect year built, incorrect style of home or materials.  

Those really are the keys to achieving your goals.

Aggressive, but achievable and good peace of mind with one less debt.

This all goes back to attachment styles and my business partner is hung up on that.