Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome  Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.  

We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online. 

Tips or tricks that would help make transactions go smoother.

Quote from @Marshall Robins: Quote from @Felicia Richardson:  Of course!

Welcome to the community and be ready for a huge amount of information at your finger tips.

But of course, they are expensive and can hit you with a special assessment if they're not well-capitalized4.

We looker at few houses/Condo under $200k-$250k and saw few online in that range.

Check county recordsUse online search tools like PropStream, Reonomy, PropertyShark, etc.Use local GIS mapping tools (ask your county)Search online directories for LLC or TrustTalk to neighborsHire a skip tracerSend a letter to the propertyThere are a lot of options.

When the date came he said he wasn't going to submit it by the online app (stipulated in the lease) but would have it in cash and that we could come pick it up (we live 3 hours away). 

Of course, on the syndications we put together, we get some compensation for our efforts, so I'll ignore those when discussing my returns below.Of the 11 deals we've had that have gone full cycle, we are averaging about a 40% annualized rate of return.