I would love to be able to hand wash my own car at a self-service car wash.I did find these resources for you to check out regarding repurposing car wash bays:Alternative Uses for SS Car Wash Building | Car Wash ForumA creative adaptive reuse for a former eastside car wash | Anderson Management Company (amcwichita.com)9 Ideas to Transform an Old Car Wash Bay (superiorcarwashsupply.com)I hope these are helpful!

How can I determine lets say if i wanted to rent out this property using the BRRRR method rather than just flipping it?

All of them promise their method is the BEST.

How exciting - the BRRRR Method is a great one when done correctly!!!

Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

- Know the property numbers: I would recommend AirDNA (paid version) + enemy method to factor income then back out all expenses properly- Know yourself: Why do you want an STR? 

Building your team/networking is crucial but it is important to know what type of method(s) you are interested in pursuing (flip, BRRRR, str/ltr, etc).

How are you adapting to these changes?

If so, by what method would I do so?

I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.