Think of these as savings for big-ticket items like new flooring, new appliances, or a roof or siding replacement.Because maintenance and capex can be “lumpy,” you may think that you’re generating more cash flow than you really are.

To do a clean BRRRR in today's interest rate and highly competitive environment is very difficult.

New windows and doors, new kitchen, updated bathroom, new HVAC, new flooring and paint and finished the attic with flooring and heating/cooling.

I require a $1,000 security deposit, no exceptions and I let them know they will be paying all utilities, mowing the lawn, keeping up the landscaping and cleaning the gutter. 

Then I moved on to purchasing my own rentals which are all clean BRRRRs since there are still deals here that hit the 1% rule, positive cash flowing, with lots of appreciation.

They keep the home clean, pay rent a week early, and I haven't been called out to fix a single issue.

I recommend you use an attorney to ensure the contract is clean and you are protected.

If I can get back to "paying back" the $130K faster with another asset, then I should pursue that other asset.I was thinking more cleanly within the lines of this specific property/investment.

So for instance for our lead organization & management, I clean the lists up in google sheets and then download as a .CSV file and upload into Airtable (google sheets on steroids) where its easier and cleaner to manage.I use Airtable to manage our raw leads data - I have a trigger set up, that whenever we change the status to "qualified", that lead will go into our CRM (Salesmate.io) where we track our contacts and deals.

I have never had to do a full gut on a home yet, mainly just flooring, paint, appliances, and interior work.