Not exactly the same area, but there are a lot of parallels to owning and managing in both locations.

But, if you could not cover the spread between %3 and 6.5% rates, then you won't have much there to entice the CFD.

But if I were to demo it, I would remove the slab as well as new layout may have different locations for plumbing which may require it to be removed anyways.

But we do not want to sell our current home.

But I've heard of others that sound similar.

Bottom line: There may be large monthly cash flows, but they won’t be going into your pocket :(Positive InteractionsTo be fair, James Wachob and his team are pleasant to work with.

i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.

@Pedro TorresBRRRing OOS - it can be very dangerous:(Too many newbies take contractors and agents at their word, when "trust, but verify" is extremely important.You should try to plan 2 trips for a BRRRR:1) Initial walk-thru with contractor(s), which you should video for documentation & accountability.2) Final walk-thru BEFORE paying out final amounts to contractor(s).

Our focus is on mid market 50-100 unit's but happy to help.

But does anyone have a go-to analyzer spreadsheet which has multiple tabs that can be used to analyze the same deal but with different strategies, such as those mentioned above?