I suspect low vacancy, decent screening, no bs with tenants, and luck have all played a role. 

They’re non-conventional and sound like they would be a great option considering DTIs don’t come into play in addition to lending to foreign nationals.

subscribe for the trials to the software and play around. but also build your network. 

A motel is just the ultimate by-the-room play

You of course need to strategically purchase the property to where it will meet your investment criteria when you depart, which is where a good agent comes into play. 

Investing in real estate is a long-term play so it has to fit into how you want to build your life.

Taylor just called to congratulate me on my first purchase and walk me through the next steps.I will update this post as the process plays out and my first rental property journey begins. 

At that point my current HELOC will be free to be used on the next property and I will rinse and repeat, so "yes" this is a financing variation of BRRR.

If we did everything on the inspection reports, then the property would be worth more so we refuse to play that game.

This is not a cash flow play, and projecting a %3.1 return makes it a challenge to operate.Good LuckGino