Here is a simplified approach, please modify as you see fit for the scope work.Demo Frame WindowsPlumberHVACElectricFrame again, to include back-back out for drywall and repair anything the previous trades moved InsulationDrywall finish and tape, and primeFlooring, Tile first then HWF (do not install carpet yet)CabinetryFinish trimPaintCountertopsFinish PlumbingFinish ElectricFinish eveything else; hardware, mirrors, carpet, etc.Smile, sit back, and have a hard stiff drink!!!  

As they get older, I would think that consolidating and simplifying would be a very attractive route.Give it some thought.

I can not see a real need for multiple llc and multiple accounts, for smaller value properties...Simplify you're life.

Sounds like the BRRR method is more risky and time consuming than what I want in my lifestyle so as everyone suggested, better quality area that cash flow.That seems to simplify the process quite a bit as I don't need to worry about forcing appreciation and cashflow post re-financing.

Take some time to clear it out and simplify it now and you'll be able to spend more time on more deals.

As a borrower I think this would be a great idea if they could actually speed up/simplify the process.As an investor I'd want a LOT more details before investing in such a loan.

Hey Landlords!Got a question that hopefully some of you can help me with. For those of you who use property managers or manage properties yourselves, I’m excited to announce that I will be introducing a new property m...

One common strategy in a diversification exchange scenario  where there is no debt is to actually purchase only one property to complete your exchange so you simplify the exchange. 

I just wanted to hear a simplified explanation on it, and what the biggest benefits were for someone to get one, even if they still work were to work a normal 9-5 job, and don't plan to specifically sell Real Estate full time.Thanks!

I've attached a picture of my spreadsheet for reference.Key assumptions:20% down, 30 year loan at 4.5%Property management fee estimated at 9% (includes fixed and variable)OpEX - 5% of rentCapEx - 6% of rent  Vacancy - 5% of rentInsurance 0.4%Property tax - I used 2017 numbers and bumped it up by a bitI assumed no up front CapEx to simplified things but likely there is some work involved