If you can offer them several times the interest they're currently making, they're more likely to be interested.And treat your lenders like gold. 

@Benson Gee For BRRRR, Houston is a gold mine.

This isn't a pot of gold at the end of a rainbow business without setting your life up first.

I guess the gold nugget is to find a 0.75% property in a neighborhood that has low taxes and that has most of the CapEx (roof, heater, AC) recently replace and hope your tenant stay for at least 2 years (that's why I'm so focused on good school districts). 

As I mentioned, I'm pretty frugal so the money would be used to save, pay off debt, and fund other investments (index funds or rentals) and not on gold plated wheels.I should also mention that I no longer see a house as a home, so I intend to keep on buying and moving until I decide to call it quits. 

You would be better off buying a bar of gold and burying it in the back yard than borrowing hundreds of thousands of dollars, dealing with tenants, taxes, termites, and toilets for only $100 per month.

It's a gold mine.

You have to assume some conservative level of appreciation otherwise you can miss these kinds of gold mines.What was tragic is my friends and family, most of whom did not buy any Real Estate in NYC.

A good RE agent is worth their weight in gold here.Definitely no rule of thumb for estimating initial repairs.

$5,000 and I will clean up your problem...I accept gold coins as payment....think about it...Just kidding!