The idea was to utilize the BRRRR methodology to refinance my current house to the appraised value and use the cash to purchase another house.   

While I acknowledge that economic strength is just one facet of a good rental market, it is a major factor and I wanted to share what I've found (the details of my methodology and raw data can be found after the various rankings):Top 10 best economiesProvo-Orem, UTSalt Lake City, UTCharlotte-Concord-Gastonia, NC-SCChicago-Naperville-Elgin, IL-IN-WIDallas-Fort Worth-Arlington, TXKansas City, MO-KSLongview, TXLouisville/Jefferson County, KY-INSan Francisco-Oakland-Hayward, CABirmingham-Hoover, ALThere were two main factors to overall economic strength that I looked at – how diverse/broad the economy is and how many economic drivers (i.e. strength) the area has.

But GTD!

Time is money, and I'd much rather sit across from someone I'm going to low-ball to explain the methodology on how I arrived at my numbers.On multiple occasions now, the agents look at me like I have a 3rd eye every time I've asked to meet with the seller/buyer depending on which side of the aisle I'm sitting.Curious people's thoughts around this.

The methodology can get cumbersome, so I'll spare you the details. 

I have funds in place and would like to know if anyone has some good contractors on Long Island well versed in the fix and flip methodology.

I have been investing for close to 40 years - hard to believe and I am going tonite - love to gain new insights and methodologies.

Is this a reasonable methodology to arrive at offer or price point regarding cap rate and potential rents?

So doing market research on rents independent of seller details, and then I assume, add a clause in the offer about current tenant rate that survives the transaction.Do you have any practical methodology for analyzing operating expenses if the owner doesn’t disclose?

You get a write-off for your interest paid right now that you would no longer get if you paid them off.I think the people who want to sleep soundly at night opt for the debt free methodology.