Phoenix seems to be overpriced at the moment, but its tons of so called condos/apartments that are folding due to poor management.

It is beautiful, but not sure if I'll go that route again.For a rental, I'd go granite.

That is the beauty of REI!

During my search I came across 6+ listings from the same seller all with tenant in place making some amount of cashflow, some of them even making $500+ cashflow(by Brandon Turner's definition).On paper, it seems I'll make cashflow the moment I buy the property. 

What are your plans on cash, are you pouring them back into the business, planning to sit on a pile of cash just in case, or are you siphoning money out of the business hoping to draw income that just can't be supported at the moment. 

We need to start capturing the moment that an investor first walks into a dumpy property after they own it.

I am currently providing financing for several deals that are BRRRR projects at the moment. 

I agree with some of the other posts that some of the higher projected IRRs (20+) I'm a bit skeptical on at the moment.

HMU when you have a moment and we can discuss what I have done, where I am trying to go, and swap some stories of time wearing the uniform!

I doubt you could pull out much with the amount of equity you have at the moment 😔Helocs have higher interest rates but it works like a credit card.