@Lee CruzPros to the BRRR strategy are getting your feet wet, dealing with the ins and outs of your first real estate experience, dealing with people on personal level, ability to cash out refinance, and reinvest.Cons to BRRR are dealing with bad contractors, under estimating repair cost, going over budget, unforeseen repairs, market trends just to name a fewPros to partnering I would think are (assuming they are more experienced, if not....then don't do it) learning from their previous expertise and experiences while having your ball in the game as well, ability to analyze the properties and get feedback, less likely to have unforeseen repair cost, more likely to stay in budgetCons to partnering are less cash flow for you, potential conflict if contract is not laid out precisely describing each members roles and expectations, I am sure there are more but thats what popped up in my head.Hope these somewhat help and best of luck!

In a space with obstacles and challenges both seen and unforeseen being able to utilize neutral thinking overcome a challenge and progress forward is great reminder and process. 

Challenges were unforeseen water damage and delays from contractor.

I currently have a great job but haven’t saved as much as I would have liked to due to unforeseen things that have come up recently. 

Now, a year later, with negative cash flow, an increase in HOA fees and over $1,000 in unforeseen repairs, I'm wondering if I should just sell it and redeploy the capital into a better deal.Purchased in cash for $115,000.

Yes, this is so if I decide to sell the house for an unforeseen reason I will not be taxed with capital gains on the profit of the house.

I would also have a reserve fund that you hold in a savings/money market account for unforeseen expenses and required repairs.

She estimates that she will need 100-120k to finish the house, after paying for some unforeseen expenses in regards to her family, she has run out of money.

LOL  Anyone that says they know how to predict market appreciation is a liar.There certainly factors that can support growth, but too often some unforeseen event has a bigger impact, positive or negative.Buy if the houses give you a good return from renting them and ignore the promise of speculative appreciation.

This also builds in a fair buffer if something unforeseen arises (i.e. a $20k collapsed sewer line replacement).