Typical cosmetic (lifestyle) upgrades we do are better/more LED lighting, dimmers, flooring, paint, trim, solid wood door slabs in place of the hollow core etc.

Thanks @Kevin Sobilo, I hadn't thought about the inflation factor-which is impactful.  

There are lots of factors that can effect this! 

They often pay cash or put a big chunk of money down.You will miss out on a whole bunch of folks that should be on your list, and you will get a lot of people with no equity using a time factor rather than an equity factor.I hope this helps.Sharon

As someone who spends a majority of time at work, I'm currently in the exploration phase of understanding the real estate landscape, particularly the BRRRR strategy, and how it might fit into my lifestyle and commitments.1.

Imputed value comes from taking the assessed value from the tax assessor and multiplying by the applicable factor that the PA Dept of Revenue has determined for that county and year.

And make sure that all items necessary for you to get the best rate possible from your carrier (like 4 point inspections, roof attachment points, pool enclosures etc) are present or available.One nasty little factor that can't be helped is that every time you buy a property for more than than last owner paid - you will have a tax bump due to re-assessment. 

The interest rate on a loan is one factor (of many) you need to consider when building a rental portfolio.

Marty,Avoid templates because they are specific to certain factors and by following someones BRRRR you open yourself up to mistakes. 

Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.