Market Suitability: Are there certain parts of Cincinnati or property types that might be more challenging for a BRRRR approach, especially for someone with limited time?

At such a low interest regime that we have now, whether you put all your pay into a re-draw facility before spending any of it, and progressively withdraw out of that, or, do what I suggested, will make a negligible difference to your payout time.In fact, my way could help your discipline, because once you make principal-only payments, you don't get to re-draw them again!

LIMITATIONS OF OUR LIABILITY. . .

Maybe a 2 bedroom split with one other person, but not this many room mates.A few things to thing about - many counties and cities limit the number of unrelated occupants to 3 or 4 people, no matter how large the house, so check to see if there is a limit in your area. 

Limit is 5 unrelated people living together.

HUD reported FMR's have been above market rate rents and folks have definitely been trying to push the limits with how high they can get them. 

You are pulling strong equity out of an existing property to invest very far away, for the first time, and with limited to no contacts in the area.

We have to do a calculation to see what your remaining entitlement will be and that will be based on how much your 1st home mortgage balances is as compared to the current Conventional Loan limits in the county that you purchase your second home in.

After the raise, if the issuer has sold passive interests in a company such as a limited liability company, the LLC Act of the state where the entity is formed may have additional laws regarding fiduciary obligations, fraud, misrepresentation, good faith and fair dealing, that may also be applicable if management knowingly conceals material facts from the members.

Here is some context on the two possible obstacles I see:Zoning - The area is legally limited to single family homes, as in 1 and only 1.