The idea of BRRR is that you're recycling the same pot of money over and over again.

Now instead of recycling the same pot of money over and over, you are replenishing it yourself.

The bank isn't going to put the utilities in their name and it would appear, neither will the seller, considering they were already turned off by the seller, either voluntarily or involuntarily.You may have to do your due diligence without the aid of turned on utilities.

Me and my partner a beginning this journey which we know will have some pots holes to cross.

Me and my partner a beginning this journey which we know will have some pots holes to cross.

Unless the sublessee decides to move out voluntarily, a cash incentive to move out may be the simplest and quickest option.Let us know how your attorney consults with you and good luck.

@Shu Wang you voluntarily let a tenant move 6 dogs in??

Hard to be sure based solely on pictures but those gouges look pretty superficial..... if the floor is level and even between joints etc, at best I would fill those "pot holes" with some wood putty or other filler and call it a day.

In that kind of model, losing 2-5% of income because of non-payers means everyone else in the system (all the ratepayers, tax payers, etc) must suffer because there's no magic pot of money to suck it up for these people.

If he’s on the fence about partnering you could even sweeten the pot by offering to split a share of the post-refi rents with him, basically a royalty.