Everyone will have their own style, or rather a combination of different tools.

Please scrutinize the crap out of my numbers! 

Moving forward to larger projects, I would have to raise capital.It is true that most investors wish to combine the perk of having a vacation condo plus ROI.

Using a 203k seems like the perfect way to combine the benefits of both househacking + BRRRR strategies.

Once you combine cash flow, appreciation, debt reduction, tax benefits, equity, depreciation, inflation hedge, rental increases over time, etc.

You can then provide the combination to the Appraiser.

You then do not give a crap how many people you have to step on just to reach that 0.01% that DO need to sell.

Either combining the sales into one larger property (maybe even a newer multi-family). 

I think the value from Toby is the combinations of that he and his partners who understands tax, law and actively participate the things that he/they said.What needs to make sense is if the value they provide offset their cost and if they can really deliver the end result as planned.   

So, if you get $2,200/mo, and you are turning over every year (hopefully you get multi-year tenants), that is 4 1/2 months of your cash flow, combined with turnover averages, and if you are turning every year, you will be out $2,700, assuming you immediately find a new tenant to take over the day after the old one leaves.