It's important to stay current and ask around about which company is responding fastest, as sometimes they are overwhelmed, not having enough local vendors, and service is slower. 

The reason it is this way is the TRUSTEE's power of sale in the deed of trust.. its not  a MORTGAGE like what is common on the East coast...

I hadn't spoken to this guy in 20 years - this is the power of social.

If you have access to VA/DoD eBenefits you can get a certificate of eligibility (COE) to help you figure out how much purchase power you have left on your VA Home Benefit.

This makes the VA loan so powerful.

It exemplifies the visionary thinking and risk-taking spirit that characterizes successful real estate investing — the ability to recognize the potential of undeveloped or underutilized assets and transform them into valuable and productive resources.Today, the legacy of the Louisiana Purchase endures, serving as a testament to the transformative power of strategic investment and forward-thinking decision-making.

You have found the location and the property type of your STR, you know the regulations for the area you are buying in, now it is time to find out what your buying power is and look at the numbers.

I used this strategy a couple of times and is really powerful to take advantage of a lower interest rate and lower down payment. 

Set up appropriate powers of attorney. 

I think BRRRR is a really powerful strategy to grow your wealth fast even tho the cashflow is minimal in the beginning ( giving that you will be 100% leverage if is done correctly).