What are some other emerging markets maybe with a bit lower to cost to entry for a BRRRR strategy?

Just make sure you keep enough in an emergency fund in case a roof or furnace goes out. 

My team works with a good amount of OOS investors and over the years a pattern has emerged.

Do you have written confirmation that the sisters / mother are a good emergency contact? 

Are there any emerging areas near Charleston, since it is getting so expensive?

In my leases I put clearly that if a tenant flags a request as emergency and it is determined to be their fault or not an emergency they are responsible for the cost.

We’ve made the decision that neither of us want to deal with an after hour emergency call from a tenant so we use a PM company.  

Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

I might try the “emergency service” which is $20 with limited data and just use that for the smart locks and ring cameras.

Originally posted by @Anthony Dooley:@Ali Boone Why would someone need cash reserves for vacancies or emergencies?