I personally like doing BRRRs on multi-family homes that need work but not extensive remodeling.

A professional can also ensure that you perform the proper tax reporting and record keeping on the transactions.

Awesome thanks had to do extensive research as the banker confused the hell out of me or was just trying to sell me a refinance.

Perform your own investigation and build your own rent roll/spreadsheets to confirm everything.

Lack of performance I would say. 

There was an extensive article written about this last year that I posted on this forum when the same exact topic was brought up.

Currently have a 24 year tenant, who has agreed to a new 3 year extension, where they take care of all utilitites, lawn service, snow removal and minor maintenance up to $400. 

Tying up a desperate and in arrears homeowner with a purchase contract you can not perform on and in which a sale will happen ONLY if you are successful flipping the property for a higher price can cause extensive damage to the homeowners finances, credit and personal life.  

Austin is going to perform worse, both for multifamily asset values and rent growth, than Chicago, in 2024, and likely into 2025 as well. 

When you get the sheriff’s proposed distribution of funds, there will be a copy of a title search that was performed by a title company selected by the sheriff; that title company is possibly the best place to go to ask whether you should buy a title policy - they did the search and should be willing to insure.