So if your rent is under $1500/mo I’d look around and see fi you can’t get it done for $120/mo.

Upfront cash - $20,000 [For this I just pumped up my savings rate when I discovered BP and FI back in late 2017, and i took a loan from my 401k at work]Projected rehab budget - $50,000 (Low end) - $ 70,000 (high end) [This I'm putting all on Credit Cards that I've opened with 12 months of 0% interest rate, and hopefully I refinance in 6-8 months]Estimated ARV - $350,000 (I think I am being conservative..)Estimated Refinance - (0.75*350,000) = $262,500So I don’t know if it will be a “Perfect BRRRR” but I’m learning so much and we are still so early in the process.Projected Rent while HH – $550 (bed 1) + $750 (bed 2 + private bath) = $1,250So I’m only out of pocket a couple hundred if you include utilities.Estimated new PITI - $1,650Estimated Rent after HH - $1,250 (upstairs beds) + $600 = $1,850So Not a huge spread but since this is a BRRRR and I’m doing a bunch of capital improvements on the front end, and I think I’m being pretty conservative on the rent estimates, and this is a fantastic location: I’m happy to hold it through another cycle.

@Colleen F. I

Rent includes all bills and WI-FI, and apartments are usually all fully-furnished.

You don't need Wi-Fi to the run the system -- calls go out to first responders through an integrated cellular connection.

Does anyone have any recommendations on setting up Wi-Fi for my SFR?

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@Jill F.   I

I am the youngest person in my family to own any properties and I have guided multiple people in the direction of FI.

Even if you successfully BRRRR a property, qualifying for the re-fi is similar to qualifying for a mortgage.