It’s a win-win for all parties involved.

You’ll be in a win-win situation.

It was a win/win for everyone involved.

I'd say it's not gonna happen but you may win the lottery. just trying to show you to be more realistic.

Barbara Corcoran is famous for doing that (before it was called BRRRR).

Ditto Micheal Tierney- There are always deals that look good, but when contractors are so backed up and overpriced, it's super hard to turn the "deal" into an actual win months later.

This sounds like a huge win as a landlord but how do you transition the units to this without seeming like you're trying to pull one over on the tenants?

There's a few things I quickly learned about the BRRRR strategy and rentals as a whole...1) 98% of properties will not make good rentals 2) There is a medium price range where the BRRRR strategy works - for example in my area you have to purchase in the 115-130k range, rehab for 15-30k, have an ARV of 175-215k, and rent for 1600-1800...so it is a very niche property that works for the BRRRR strategy On top of that - it's going to be VERY hard to get all your money back - if you leave less than 20% in the property (in my opinion) that's a win.

Yes they aren't cheap, but if they can increase revenue enough to make up/exceed their fees by increasing occupancy and making you feel comfortable because they are there to ensure things run smoothly..then it sounds like a win to me!

Win+Win!!!