Thanks for sharing this perspective—it’s super helpful, and I totally agree that the “perfect BRRRR” is incredibly rare these days.

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex. 

Combined that can cost $50k+ which they may not want to pay nor their is the possibility they would not they pass the DD report.Nothing wrong with raising money in this fashion (FB or online ads), many do it and are great sponsors. 

My initial goal was to earn $100,000 per year, and with our combined efforts, we now make approximately $16,000 per month.

I totally believe you but in my experience at least here in Utah Due on Sale Caluse's being enforced is extremely rare like two or three in an escrow agent's career-type situation.

We financed the purchase using a combination of cash and a hard money loan.

I'm from Grand Rapids.I use a 11"x18" graph paper and a daily morning workflow - combined with Google Calendar.

B) So you're going to combine unsheltered people and basic homeless?

Property classes are different from neighborhood classes, and many people often use them in combination.

I bought my first two rental houses with a combination of using a HELOC on my primary and using my retirement $.