Hey BP Community,I am an Atlanta resident and bought an older triplex about a year ago to house hack in (live in one unit and rent the other two out).

Regulation will say you have to be registered and pay hotel occupancy taxes, but your unit may not qualify for registration. 

The most common asset type was commercial multis 7-10 units. 

He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.

For example for a few holes in the walls they have someone paint an entire unit and take their spread.

Your cashflow to achieve $80,000 per year takes a lot of rental units.  

@Zach Howard there is no agreed upon Classification in the 1-4 unit market.We've done our best to logically create a system for our market, mostly based upon relative sale prices, but also using crime rates, rents, occupant income and a few other variables. 

Thanks Noah, I'm under 10 units.

I have bought a couple of units and now working on my own development.

A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.