You learn a lot and can cut out costs and save more for cash flow.

You need to separate your terms.Lastly.A motivated seller is anyone willing to sell their house below market value.The "willing to sell below market value" is the KEY component that makes someone motivated...

Whatever you can do to increase your savings or increase your income: cut out unnecessary expenses, work a side job, put money into a HYSA as opposed to a regular savings account earning 0.1% interest.

I just worked with an investor who had $5M in cash (he sold his tree-cutting business) and I was able to get him into 11 properties in AL and FL. 

We are outside of the standard build warranty, but are continuing to discover MAJOR corners cut, and getting repairs and pre-emptive fixes is costing us lot.We are estimating $20,000 in total expenses that we are going out of pocket for due to poor workmanship.

Why go with a hard money lender for a clean cut DSCR?

Should I consider a 1031 after one year to “cut my losses”?

🤷‍♂️Love this post and what Scotty posted.Congrats on your success thus far.As much as I love real estate and business it never is passive and never will be totally passive unfortunately.There is always a risk component involved and a reliance on someone.There will always be that gut wrenching phone call that makes the stomach turn.It all come's down to how much is enough for someone to live a happy life.I unofficially retired at 28 and am back chasing now at 36.Parents and family are getting older and have a huge will and in a way pressure to retire my old man.A beautiful person and father.I've checked off mum and uncle from the list hahaFew more to go lolI am and always will be a "real estate guy" per se but a few years ago I asked myself this question:"How can I get the highest possible return, with the least amount of risk, without doing any work and without involving anyone else?"

Your best bet to find a BRRR deal (or even a flip deal) is to connect with off market resources (wholesalers, agents that specialize in this space), or to cut these people out and source deals yourself.

The framework for residential is fairly clean cut but I'm new to the commercial landscape.