It's not going to get any easier the more properties you add.

But man, once he got that first deal under his belt, he couldn’t believe how much easier things clicked from there.

Your reinvestment target will drop by the amount of cash that you take. 

I wouldn't target Austin goers since they have a surplus of similar things but Dallas is lacking alot. 

I'm reading up on books and articles on how to do this but sometimes it's easier to join social groups or talk to people close to me that have done it before.Right now my goal is to get pre-approved for a loan and to learn from others.

Target Number:                                                                                                                    320,000                                                                                                                                    -64,000 or 20% (agent fee 6% 19,200, GC Fee ~ 25,000, Title/ Closing/Funding 19,800)             256,000 all in                                                                                                                        ~40,000 Profit                                                                                                                      216,000                                                                                                                                       -5% Buffer 205,200So what can be built for 200,000This puts the build size at 200k/120sqft or 1666.67 sqftIn my gut this still appears to be to much house even with 40k in projected profit. 

I find that Fort Worth has a much better price/rent ratio and it is easier to find cashflowing properties.

@Bob Asad, it is vastly easier to obtain a HELOC on an owner occupied residence than on a rental.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

To use the BRRRR method, target 2-4 unit properties, look for emerging neighborhoods, network with local contractors, factor in property taxes, and work with an investor-friendly agent.Good luck!