I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.

Leverage your existing equity to invest in smaller properties, such as a mixed-use or retail space, to gain experience and cash flow.

I have done a handful of flips using cash, partnering with friends, and making it work. 

.$300k cash flow in 20 years is an ambitious but not unrealistic goal. 

Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

I purchased both as a package and for the next six years enjoyed great cash flow as I paid the tax on the house lot annually at about half of what it should have been and neglected to pay anything on the tennis court lot.  

I’m genuinely curious about this perspective.I meant this would affect Bryon City, Cosby, Cherokee, Blue Ridge, etc (Cabin/Mountain Markets in the Area).

Purchase price: $90,000 Cash invested: $15,000 What made you interested in investing in this type of deal?

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.