I think BRRRR is a really powerful strategy to grow your wealth fast even tho the cashflow is minimal in the beginning ( giving that you will be 100% leverage if is done correctly).  

But, we switched over to QBO as the master accounting software for all Clients because it's more efficient for us and has more powerful reporting features.The price has increased lately but all of our Clients get our ProAdvisor discount which helps out.

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

Ran into some unexpected issues with having to run new power for the stove as well as having to run new water lines for the bathroom and kitchen.

Will you need a generator backup if there isn't reliable power there? 

I believe in the power of community knowledge, and I'm reaching out to you, the seasoned investors and professionals, for guidance.

You have a governmental authority using its power to hinder and regulate private transactions creating some kind of “litmus” test based on god knows whatYou have a seller remaining in a home he sold indefinitely.You have a lender that has twice filed for foreclosure You have a profit sharing arrangement upon resale with the seller/tenantYou’re performing repairs/maintenance on a house while occupied by the seller/tenantAny or all these are lawsuit magnets.If you buy a property, and the seller is a consumer, not an investor, you should NEVER do a profit participation.  

Using other people's money (OPM) in real estate allows you to leverage your investments, significantly increasing your purchasing power and potential returns.

There were fears when the leftist just retired president AMLO came to power a few years back that foreign investors would get hurt but he turned out to be very friendly to us and made Mexico's economy its best ever and one of the best in the world.

When I look back at the time freedom I have gained from leaving the workforce, I keep on kicking myself in the butt for not figuring it out a few decades earlier.