For real estate, I used the P and S agreements for the longest time, but I wanted an easier way for those I bought from.

The second of two homes I bought when I sold the rental, I would have bought a more expensive one as the one I got was close to the university and tended to attract students which had higher turn over (though it may also be my local market).I'd also look up how to do a 1031 (I think that is what it's called, I'm not in the US) where you defer capital gains taxes on rentals by buying another within a set period of time.

Regarding BRRRR, this is a tough strategy today due to interest rates, if you did a modified BRRRR and bought a property and renovated it and house hacked it that could do very well for you. 

I had the same situation last year with a property bought through Rent to Retirement in Detroit. 

I currently have one rental property that I bought this year, spent a large amount of time renovating it, and it’s now rented.

That way you know you're building something the right people want =)On another note, I just bought a STR in Olive Branch that we're about to launch.

Like CAL Pines out of Alturas  that one was being pitched by one of the Chips actors on infomercials and they bought all their inventory at the yearly tax sale.

@Justin Cummings what was your original strategy when you bought these?

., here is what I bought when it was on sale.https://www.costco.com/eufy-security-by-anker-solo-pro-2-pac...No monthly fees for storage. 

I am always at the property and it was never bought up.