I don't expect the tenant to be checking their water meter on the backside of the building since it's at an apartment style building so would this fall on the condo association or utility company to refund the tenant?

You can get quality guests/tenants for good rates and it can be a very good investing style when done right.

Then evaluate what went right/wrong and execute at least four more BRRRRs in 2025.I believe the most effective approach to achieve a successful BRRRR strategy is to engage a skilled contractor with competitive pricing.

I used my VA home loan at a 6.375%  ranch style 3 bedroom 2 bath 1316sqftPurchase Price: $268,552monthly payment is $1930  I do not pay property taxes. 

No one cares what your style is.

Some rehab style lenders make it difficult for newbies to gain maximum leverage due to lack of deals done.......NOT US!

In my view we achieve this primarily by scaling not by recalibrating the way your PM does business. 

I have seen properties convert the radiant heat system to electric board heating style during remodels.

@Keaton VolsTo expand your real estate portfolio and achieve financial growth, consider refinancing your property, saving for a down payment, implementing house hacking, partnering, exploring markets, building a network, educating yourself, diversifying into alternative investments, maximizing tax benefits, and maintaining an emergency fund.

Southern Cali style homes are on the rise in DFW.