All it does is takes your already calculated tax basis (again - your actual acquisition) and identifies some components of that basis that have more favorable depreciation treatment. 

The Brrr strategy works best with a value add component that forces appreciation. 

In order to increase the likelihood of acceptance, they may also assist in identifying the best lenders for your circumstances and offer advice on how to structure the agreement.It's crucial to carefully consider the additional financial strain another property can bring and ensure your investment strategy aligns with your long-term financial goals.

While I'm still in the early stages of my journey and have much to learn, I'm committed to embracing the process and discovering which strategies best align with my goals and resources.

First, I would set your investing goals and then determine which strategy and property type best align with your goals. 

Rehab must cost more than the purchase of the building.This was a layman's interpretation of the actual rule which is:The qualified rehabilitation expenditures exceed the greater ofThe adjusted basis of the building (and its structural components), or$5,0002.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

But you are correct, often seller fi is a component of the financing.  

Whether you are a startup, you have started and ready to scale or you are nearing Cardone's level you need to look at 4 components and how you build the processes and systems. 1.

Investing out of state can indeed be a viable option, especially if the local market doesn't align with your investment criteria.