BRRRR is a method not really a business template (if such a thing exists for any business). 

Instead of opening Halloween City pop-up stores, it’s transforming its 750 existing stores into Halloween hubs, packed with animatronics, costumes, and decor.

BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago.

The same issues exist in Oklahoma City and other parts of Texas. 

Then you would need to work with them to allow you to then sell it and pay down the existing and confirm the home you keep still has equity.

Masyn - I bought a quad this year and although I had to put down a larger down payment the cash flow will be good/above average in the long term - mainly because the existing rents were $300-$400 below market.

What would be my reason to the existing tenants for putting thier live-in child on the lease (cat asside)?  

@Jane DangThe short answer is: 27.5 yr depreciation.The long answer is: the line you are asking about, the one between repairs and improvements, does not exist.

I have purchased existing MH loans in the past.

Think about buying another home for yourself that you can fix up like you did to your current home and rent out your existing property!