If you finance a portion of the purchase at a lower rate, it gives you "leverage" that helps boost the returns you can offer investors (and have something left over for yourself), as you won't need to raise as much capital from them.

.- I was able to refinance, pull out $ to completely pay off the gentleman that loaned me part of the down payment, AND have $20k left over for renovations.

That said, I'm in the area so if this is the case, I go myself just to check out the place and turn anything off so that I can also rate the guest on how they left the place.  

Under SB 567, the notice to terminate tenancy must include a description of the work to be completed, copies of required permits, the date the owner expects to complete the work or demolish the building, and notification that if the substantial remodel or demolition is not commenced or completed, the tenant must be offered the opportunity to re-rent the unit at the same rent and lease terms as when the tenant left.

Quote from @Sarah Kensinger: Quote from @JD Martin: I keep in reasonable regular contact with guests before their stay but I will not provide access or location information earlier than an hour or two before their stay, as I have had people show up before guests have left and before cleaners have finished.

(to harass my plumber/contractor) (The plumber left me hanging a few years ago so he fixed the problem for free, she has NO need for his contact info)  I sent her pictures of the damage and offered her the $50 cleaning fee back.  

Private money lenders can also be more flexible with terms, allowing you to structure deals in ways that better match your cash flow needs or renovation timelines.Re-evaluating your financing strategy periodically ensures that you’re optimizing not only for the best rates but also for terms that align with your investment goals.

I’m not suggesting you can’t successfully complete the BRRRR method but if you are selecting your markets based on where that strategy is most attainable you’re going to make regretful investment decisions because most who chime in will promote markets where you will be able to obtain a favorable cash out refinance while ignoring everything else that supports whether the market has a good underlying investment thesis or has a a more attainable alignment of sale values and appraisal values. 

This strategy aligns well with the goal of building a more robust portfolio over time.Feel free to share more details if you have specific properties in mind, and good luck with your investment decisions!

What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).