I’ve had tenants with credit score in the 500s who have been fantastic. A

OPM, BRRR are fundamentally leverage/margin plays.If the future is an inflationary one, BRRR works fantastic.  A

If you can afford to wait for your rent, then you get more money by allowing late fees.I can tell you that finding tenants who keep properties immaculate are hard to find.So, if you look at it this way, you have a tenant who is fantastic as far as taking care of the place, and not only that, but they regularly pay late and are willingly pay a late fee that you can pocket - you might want to consider yourself blessed.

I figured I would gradually turn my properties over to a property manager, and see how that went... it was fantastic... a professional property manager spends much of their time reviewing applications / interviewing / background checking / collecting rent... they simply apply much more time/experience on the tenant "front end" than I wanted to personally apply.

As of now, I am just reading this blog and flipping junkies.com (Danny is fantastic as well) and trying to figure out a business plan. this is out of my comfort zone, so I guess this is a great start!

This strategy is fantastic as you are not tied to STR regulations which are notorious in Colorado, and can be challenging to navigate.

Greg Bennett's Meetup on the first Wednesday of each month is fantastic as is Andre Johnson's Deals Meetup at National Harbor.I don't see the need for another meetup. 

@Scott Kronzek As a local here in the area, I can you tell that the Curley deal isn't fantastic as the rents you'd be getting won't be close to the 1% rule, but you can upgrade the house to push for a luxury feel, increasing the rents. 

Thanks this site is fantastic as well as the members (so far anyways) so much info to sort thru

@Brian Gibbons and @Michael Quarles any insight would be fantastic as well.