So I made a compromise with myself, instead of putting that $100 directly to my principle, I'm opening a brokerage account that will have $100 deposited into it automatically every month and invested in index funds using dollar cost averaging method.

You also need money for the what ifs (what if there is a plumbing issue, an appliance breaks, etc) and then planning for the long term (roof).

Market Research: What methods do you use to analyze and understand your target market?

There's no seller resistance 9 times out of 10 and I get these properties 30-40 cents on the dollar.If your wholesaling this is def a method you need to implement in your business.

Google and use the enemy method.

If there is an area where you are not as confident like plumbing, electrical work, etc... then you can always find a subcontractor for that. 

If you're going for non full documentation loans then there are other methods to qualify as well (rental income/ bank deposits/profit and loss/no income/etc) but these loans have higher rates and costs typically.

In these instances, you'd have to check things like flooring, plumbing for leaks, roof for leaks, hot water heater, and heating and air conditioning units. 

I am trying my best to be methodical about where to invest out-of-state, so I made the following criteria:Population: >800k people in 2023 (based on https://en.wikipedia.org/wiki/Metropolitan_statistical_area)Population growth2020-2023 Population growth >5% (based on https://en.wikipedia.org/wiki/Metropolitan_statistical_area)... 

Hey Everyone, I'm a HVAC/Mechanical contractor in the Upstate of SC and looking to start building an investment portfolio using the BRRRR method.