@Chris Collins  Tenants usually pay all utilities. 

The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

I am a professional photographer and have been doing that for the past 18 years, so I'll also be building my business in NC from the ground up!

To answer your question @John Thedford, PPR's current fund pays 12%.   

One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.  

No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

He was pay ed to install a AC unit in my home and disappeared  he refuse to answer the phone calls texted massages he stole my money and won't respond 

For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.

Now, you need to figure out how to find deals and pay for them.

It's debt you'd still have to pay back, but at least you will not touch one of those two amazing interest rates.