Hey ZekeThank you for the valuable insight and reply to my post.

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Looked at your background and posts.  

Why not use the existing HELOC (mentioned in his 2nd post) to use as the 20% down on property #2? 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

100% worth it to post on Furnished Finder, but you need to make sure that you understand it is not a booking site.

Startup costs related to the LLC or marketing may be partially deductible in the first year, with the remainder amortized over 15 years.This post does not create a CPA-Client relationship.

For rentals, consider holding properties in an LLC for liability protection.This post does not create a CPA-Client relationship.

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

If I can remember what gave me that impression I'll post it.