They are going to have to find a way to put some teeth in it because many of the landlords who will be impacted live out of state.

Purchase price: $3,600,000 Cash invested: $1,900,000 A gorgeous 15,000 square foot property right across from the beach in beautiful Victoria BC, Canada.This one is our retirement home.

John's looks gorgeous plus has opportunities. 

I feel with my Engineering and MBA background, this is something that really suits my skill-set and something I can sink my teeth into.

Gorgeous !

Despite a very good townhome, it was rented out with badly stained carpets, damaged kitchen vinyl flooring and appliances from the 70's..... the roof literally fell on our previous tenants and it was like pulling teeth to get him to pay a DECENT roof repair.I recognize he's pretty lucky to get it rented out at all now, let alone 15% above market value.

This is not an easy task and definitely a bit of teeth gnashing took place as you awaited appraisals and final refi (this is the WORST part of BRRR in my opinion).

It was a gorgeous property with a separate carriage house and the numbers worked.

I was able to find a 4 bedroom, 2 bath, 1700 sq. ft. house that is gorgeous and has a 2 car garage and is about 1 mile from the local college.  

It would seem you're eager, but that eagerness can lead to emotional decisions about a property and you'll end up down the wrong road if you jump on the first MFH that has a gorgeous view or was just recently updated inside.