The alternative is to hope for appreciation - this may or may not happen.

Even in those cases, it’s difficult to create a significant gap between the purchase price, rehab costs, and ARV (After Repair Value).Investing in today’s market is incredibly challenging, and I’ve found that the BRRRR strategy is one of the least effective approaches right now.Let’s keep in mind that BRRRR gained popularity before 2020.

Alternatively, you could consider seller financing, which could provide you with a steady income stream while selling the property.As a real estate investor, realtor, and owner of a construction company near Texas A&M (College Station/Bryan,) I'm happy to help in any way I can.

And while a 1031 exchange isn’t an option, some people explore alternatives like installment sales to spread out taxes or even tweaking the investment structure so your returns are treated as interest instead of equity.There are definitely some creative strategies out there. 

Good Faith Funding is a popular hard money lender in my area (Green Bay) that lends statewide.

Alternative Lenders – Look for private lenders or debt funds that focus on asset-based lending rather than borrower experience.

I'm also interested in alternatives that have banking, rent collection, bookkeeping, etc.

Alternatively, I could explore hard money lenders.

However, you can claim a tax credit on your California return for taxes paid to Oregon, mitigating double taxation.If you only plan to own this one property, consider using umbrella insurance as an alternative to an LLC.

Or alternately, are you able to find a market within 1-2 hours of you where you can be hands on?