I know that I want to focus on LER with the brrr strategy. now my questions are:1. where to start?

Here's what I did:Kitchens: Painted cabinets, updated hardware, added efficient appliances.Bathrooms: Installed modern fixtures, used neutral paint.Exterior: Applied fresh paint, improved siding, enhanced landscaping.Results: Property value rose by 100%What budget-friendly strategies have you used?

STR feels more like a strategy to break even or eek out a meager return on a great asset than a strategy to cashflow.

If MTR is a good strategy you will further increase your cashflow.

that may work for others, but i don't have enough capital to do that, and the returns are in the tougher strategies (like STR - i didn't look at your other posts, but if you are successful in STR, that's great.) 

Wondering about the impact of AI on marketing strategies in real estate?

You need to minimize upfront expenses because 100% of your investment is at risk and lost if the lot is not buildable.My favorite strategy is to locate the property and tie it up for usually no more than $100 for a period of 8-12 months, analyze it myself and if I believe it to have a chance at being buildable I create a permitting plan and market the property to other investors/builders willing to take on the permitting risk.  

As mentioned before, you can get away with paying for the draw money, but not using it. 

I like this strategy and plan to continue. 

We’re looking for a real estate/transactional attorney or CPA in the Fairfax County area who’s well-versed in multi-state LLC structures, liability protection, and tax strategies.