But it is a slightly cheese move.

This cottage when done will sell in the $135-$145,000 range. 

Cottages on the lakes are easy to rent to cover costs.

If anyone would be kind enough and willing to connect with me so I can get a copy of the purchase contract and the agreement to assign that active wholesalers are using, I would be happy to repay you with a Philly cheese steak, a bottle of wine, box of cigars, Eagles tickets, etc. you name it!

I saw a VERY small cottage style house/ untouched for years, barely inhabitable go for over a MILLION dollars!!

You can not always increase prices to the consumer to compensate so it starts eroding profit margin with the same sales.This is why regardless of the marketplace the cheese and pepperoni etc. will not cost you above a certain price per pound with the big guys.

It was a 4 bedroom and 1.5 baths with a nice little cottage.

This ADU will also be the interior prototype for small cottages for a larger Hospitality concept I would like to get off the ground next year,  This concept will also involve purchasing land so I will be leaning on the community when it comes to that point.This is my first post so be gentle please:)

When I was in Homer I rented one of the Homer Seaside Cottages near Old Town and Bishop's Beach from September to May then had to move out to make way for the summer tourist season - I ended up moving into a daylight basement apartment at a home about 8 miles out East End Road for the Summer. 

Hey guys, I want to make sure I fully understand BRRR and that it's possible to utilize in the situation which I'm looking into...I'm looking at small cottages in Florida that are in the 30-50k range that rent for around $800 My example: Purchase a $31k home with a hard money loan (Is it likely they will loan $46k to include repair cost, likely not correct?