The part that goes unsaid for those that toss around BRRRR like it is some easy, push the button transaction is that most properties that would work for a BRRRR do not qualify for conventional financing.

They are frequently done right before a sale and do not impact the transaction calendar at all.

We've posted numerous times that +95% of agents only know how to work with owner-occupied transactions which are mostly emotionally based transactions.So, why are you even bothering contacting these agents?

But as a previous post mentioned if you have some flexibility in your profession (time) and the personality to engage with tenants daily then it is truly possible to run things remotely when you go abroad.

If your goal is more FIRE oriented where you 'retire early' - cash flow pretty much has to be a part of that plan the way I see it.For me, cash flow is what justifies the 'daily grind' of being a landlord.  

For those that have already spent some time and $$$ there, what are your experiences and numbers looking like for things such as:Rental/property management feesclosing costs (as percent of transaction)vacancy rates (on and off season)price to rent ratioyoy appreciation$/sqft to build (I know, this is a "it depends" number)Utility issues (water, power, trash, septic, etc.)Anything else that you think would be helpful!

It's a little more paperwork than the average transaction.

Your first job will be to educate yourself daily on the investing strategies you plan to use.

You get what you put in. eXp has tremendous training both video and live daily.

With regards to the hourly conversation, some clients, especially newer investors, can take hours/months through the buying process to the stage of getting something under contract and then through the transaction to closing.