Is the routinely late-yet-paid rent a bigger risk than vacancy during turnover? 

there is no rule of thumb and BRRRR generally if you pull out all your cash your cash flow will be minimal.the theory is you can build up a portfolio and you suppose to have some built in equity.but the deals are not what they were 5 to 10 years ago.. so while in theory for sure this works and its not a new concept we did these loans routinely prior to the GFC  its just been coined on this site ..

You need to be making offers everyday.It's not easy at the beginning because you don't have a boss to report to except yourself, so make sure you setup a routine that gets you to your new "job" every day.

Hey @Andy Bauman, my law firm (Gore & Reynolds, PLLC) focuses primarily on real estate law in the Greater Nashville area and we routinely perform double close transactions for wholesalers.

I’ve had these things for a decade and where I live it gets to -35*C routinely in January and February.

In my case, YES, I expect the tenant to handle minor repairs themselves and I require this in my lease, but I have also first done all the things that Jim suggests as just a routine part of my rehab, since I buy highly distressed properties to begin with.

In recommending those routine maintenances, they are looking out for you and your asset.

Hey guys,As I have been talking to people about hitting their goals and their daily routines, I have heard from many people how it is difficult for them to get out of bed right when their first alarm goes off.

My daughter is 11 and I routinely have her with me while I'm stopping by my rental. 

Ive already made great progress.And I would like to get back into a workout routine (im heading in the opposite direction as you with weight).