I don't know any private lenders and hard money makes me nervous since I'm a buy and hold guy and the payback isn't as cut and dry as it is on a fix and flip.

I don't know of any state in which you can get more bang for your buck in real estate investing at least if you are using the BRRR method.

Knowing of course that it is an IRS untaught method to their people who Audit return (of our SIC codes)-- An unknown fish so to speak that might cause them to simply redline it costing the customer big Bucks $$$$$$$$$ (and anxiety).The tax savings on a $30,000 write off should buy quite a few Mcdonald's cheeseburgers.

@Orlundo HubbardWhat has been your experience raising money using this method?

You MUST ask these questions as a part of your interview process to make the BRRRR method (and other “buy and hold” methods) work.Questions for Lenders When do you start using rental income to help me qualify?

I was hoping to secure investments through auction instead of fixer-upper types via this method of funding. - Make more moneyI guess I'm just a little confused because this type of funding is backed by an asset and not unsecured.

Spray the area with bleach, then remove the dry wall. 

HiWhat methods do you use to find tenants that skipped out?

I have done this several times and is my primary method of providing rentals which if done correctly, actually does help people.

I'm assuming the declined transactions have something to do with how the payment it set up because it appears that some folk are still using this method.