BRRRR investors rehab properties to extract money but it also leads to higher rents than if we rented the unit in its old, run-down state. 

We extracted as much of their market knowledge as possible (neighborhoods, zoning, land use opportunities, buyers, sellers, etc.) while getting a feel for the market from our perspective.We eventually chose Raleigh-Durham as our launch MSA.

It's easier to memorize the Starbucks menu or the NFL rosters.Section 179 basics- can deduct 100% of the cost in the 1st year- applies to 3-yr, 5-yr, 7-yr and 10-yr assets and "qualified improvement property" (a separate post would be needed to explain)- cannot create a net loss- minimum 50% business use required- other limits and restrictions applyBonus depreciation basics, as of today (mid-2023)- 100% of the cost in 2022, 80% in 2023, 60% in 2024, and so on until 0% in 2027- applies to assets with up to 20-yr life- can create a net lossBoth methods have their pros and cons, and choosing between them, as well as generally optimizing depreciation, is a job for an experienced accountant.Cost segregationWhat cost segregation accomplishes is extracting faster-depreciation property (as in 5-yr, 7-yr and 15-yr) out of slow-depreciation real property.

DMM doesn't work, cold calling doesn't work, text blasting doesn't work, because the list you have mainly doesn't include motivated sellers.There does not exist a method where ANYONE can "extract" motivated sellers from the general public.

Maybe even just semi-retire to only do extractions, implants, and frenuloplasties.

If you do, you can extract value via a refi, place tenant in that would pay for the loan and put some money in you pocket. 

My PM told me they will report to collections but said if I were to pursue a legal action they can support in providing any docs to attorney .I did some online search and found that even if judgement came in my favor it would be hard to extract any money as I am responsible for money collection and not the court.

The ONLY way to effectively and efficiently generate/extract motivated sellers from the crowd is by having people that WANT to sell, find YOU.

I would refinance and extract significant equity (at the cost of cash flow). 

They initially purchased OO with low LTV and value add and extracted the gain.