what would be the justification for paying that much?

Primary home is a little easier but for FHA and other programs it requires 12 months title seasoning.There is something called delayed financing that if you purchase a piece of land and pay for the home "All Cash" without a mortgage you can get up to 80% LTC.

Ok, that could be as minimal as literally hours per year, like <10 per property.

Pay everyone more than what they make now at their construction job, be kind, and give them bonuses based on completion, and they will never leave.   

Pay attention to realtors who are wanting to provide value and provide resources and make time for your inquiries without ever expecting anything from you in return.

I clicked on his YouTube.

So, perhaps hiring a couple day laborers to help them move or even paying the 1st months rent on a storage unit would be better.

@Pedro TorresBRRRing OOS - it can be very dangerous:(Too many newbies take contractors and agents at their word, when "trust, but verify" is extremely important.You should try to plan 2 trips for a BRRRR:1) Initial walk-thru with contractor(s), which you should video for documentation & accountability.2) Final walk-thru BEFORE paying out final amounts to contractor(s).

I recommend you start with duplexes as you should always have a paying tenant.

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.