Hi Jonathan Greene - I live in New Jersey and would like to eventually get into BRRRR.

The key is getting the education, studying it and eventually learning through experience. 

Eventually, I bought a duplex. 

The feedback I usually get is that buyers wanted to assume the loan but the process was lengthy and complicated, and buyers eventually moved on leaving the seller with no equity and option to sell other than writing a fat check at the closing table since they had to continue to lower their price.

Eventually, I remembered what happened once when I was a tenant.

@Cameron Davis did you eventually execute on the Oxford home?

Banks are doing this for federal compliance so most likely every large bank is going to eventually ask for this if you have large money going in and out the door.

So you WILL cashflow eventually but go into the property expecting not to cashflow now.

Seeing the place where you made so many memories with your family trashed, and then going through the emotional turmoil of repairing and remodeling it, knowing it will eventually just get trashed again...are you prepared for that?

Connect with a good maintenance person to have in case you eventually get that overflowing toilet call.