Why do you think purchase contracts are so long and have such small print?

You can still achieve it, but finding deals that actually pencil out on all criteria (low enough purchase price, low enough renovation cost, cash flows on the backend, all cash out at refinance) is pretty hard.

Even in those cases it is hard to create gap between purchase price, rehab and ARV.Investing in todays market is overall very challenging and I am finding that the BRRRR startegy is one of the worst strategies in todays market.Lets keep in mind that BRRRR became highly popular before 2020.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.

If you are using RE investing to try to avoid going to school, your intentions are not in the correct place.

You can probably make decent returns in Akron based on gross income and purchase price.

To intentionally reduce the leverage more than required is a foreign concept to me especially in the San Diego market.  

Quote from @Rene Hosman: @Austin Wolff recently went through this process of identifying markets to purchase in and he goes over his thought process in this episode on the Rookie podcast about how he used the MarketFinder here on BiggerPockets to find markets that met his criteria Podcast: https://www.biggerpockets.com/blog/rookie-473MarketFinder: https://www.biggerpockets.com/marketsI specifically only focused on 2 markets (Indianapolis and Fayetteville, AR) before I found a deal using the BP "deal finder."

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.