Account Closed This was a popular strategy before the crash in 2008.

Flipping is one of the riskiest paths in real estate but the most popular because it's sexy and gets the spotlight.

It's a 2-unit property with below-market rents in a popular rental area.

I’m currently seeking more information and advice for the Popular “BRRR” strategy.

If I want to gamble I go to the casino.

My criteria for buying are at least a 10% CoC return, and $100/month or more in net cash flow PER door (hopefully closer to $200/door).List Price:  $179,900Down Payment:  $44,975  (25% down, assuming I buy at list price)Repair Estimate:  $5,000Closing Costs:  $2,500TOTAL CASH IN:  $52,475Loan Amount:  $134,925Loan Terms:  5.25% fixed rate, 30-year mortgageMonthly P&I:  $745Monthly Rents:  $2,000 ($1,000 per side)Vacancy Loss:  $100/month (I estimate 5 - 8% on multi-family properties, depending on how popular the area is).TOTAL MONTHLY INCOME:  $1,900 ($2,000 - $100 in vacancy)Taxes:  $154/month (you can usually find the actual tax amount paid for the previous year on your city's website)Insurance:  $100/month (ask other investors in your area what they pay, or for recommended agents who can give you quotes)Water/Trash:  $80/month (this is typically paid by the landlord in my area)Sewer:  $50/month (also typically paid by the landlord in my area)Lawn/Exterior Maintenance:  $75/month (my property management company offers this service)Maintenance:  $100/month (people budget anywhere from 2 - 10% for this... if it's a well updated and maintained property in an area that attract responsible tenants, I budget on the low side)Property Management:  $100/month (usually 8 - 10%, but you can find PM companies that do it for less... just make sure they're good at what they do!).

If your wife only wants a SFH, a starter home that could be rented in a popular area once you are ready to move up is also a great option. 

In the past, the FMR has usually been lower than local rents, but with the spike in residents and the popularity of Nashville, sales, rents and property values have skyrocketed, as I am sure you are aware.

I was trying to explain the stock market is the real casino, but I don't know how to start 

She has lots of properties in the pipeline at one time so you'd have some to choose from (although things move quickly as she's popular).And remember, you can always sell something and 1031 again into another, better deal down the road.