Any thoughts on using a technique like this to acquire our first multi family rental property.

@Ashly B.If you'd like to shoot me a message I'd be happy to chat about some technique or things you can do. 

I would also recommend speaking to property investors at a local meeting as like minded people who have done what you are about do can provide the most incite into successful techniques and most importantly what to avoid!

My firm also likes to experiment with different materials and construction techniques, green building methods, and inexpensive/alternative methods of construction, although most of this work is never built since our investor clients want to stick to tried-and-true methods (and we don't blame them for that).

I just learned about the BRRRR technique and I want too move forward with the property I have.

I hope this technique will be useful to you as you expand your business!!!

Do not get hung up - get started and add as you need them if you are the DIY kind of person.https://www.irs.gov/businesses/cost-segregation-audit-techniques-guide-chapter-5-review-and-examination-of-a-cost-segregation-studyCheck this out.

This is the problem with Bigger Pockets, everyone is listening to the podcast/reading the site and hearing about people applying techniques that work in areas with more properties on the market and higher margins.

I'll offer a different perspective on the level of speculation, in that solid research and valuation techniques are absolutely within the investor's control.

It doesn't take much work and in my area even higher end ($2000 per month is higher end in my area) I haven't had a problem getting applications using this technique.