If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.

Any advice, tips, or scripts for making the initial contact and navigating this process would be greatly appreciated!

There is a legit chance of a loss of initial investment.  

Because after purchasing the new rental for $700K that leaves them $300K initially, so take $260K to pay off their mortgage, and still enough left to cover a good chunk of the taxes owed. 

When they sign the lease, it is one of the five key points highlighted on the first page that they have to initial.

One thing that did provide some reassurance is that we took the initiative to verify they own the property through a county property search.

For someone managing multiple properties or with a busy schedule, automating some parts (like initial messages) can save time while still allowing room for personal touches later.It’s inspiring to see your dedication to responding so quickly, even at 3:30am!

I am five months in quieting a title on a home/property that was initially obtained by my father in a tax sale.

Our initial goal has been to buy a property every time the Army relocates me (roughly every two years) and rent it out afterward.

Now if it was me, I would have gone over myself to initially survey the problem and at the least meet the plumber over there to assess the damage.