From what I've heard it largely consists of a bunch of unrealistic investors who try to do subto, seller finance and other creative deals and everyone knows a guy who knows a guy who knows a guy..... but nobody is the guy if you get what I am saying. 

It is tough to "perfect BRRRR" here with consistency or anywhere for that matter with today's rate and insurance costs.

@David Yandel create a funnel to capture as many views as possible and then turn them into Tours, then applications.Just make sure you have a good screening process.

If he is producing double digit cash on cash, IRR, or annual ROI on a consistent basis kudos.

B grade property walks are attended by my children to run around and tell me which bedrooms they would pick if it was their home.43605, 43608, 43609 are the popular zipcodes for bottom-budget value purchases...I manage a ton in these areas and my personal portfolio contained over 40 43608 properties at the peak. 20% of these properties will be crazy money earners, 20% will be astounding money pits, and 60% will fare average.I have evolved into the nicer 43612/43613 for my personal portfolio and find the properties earn consistently and far smoother than my 43608 houses. ($80k renting for $1200 vs $40k renting for $800 multiplied by the ratio above vs boring consistency of the nicer area) Oh and I have zero excitement for apartments.

Rents have been consistently rising as well.

From what I consistently observe, the ability to complete the BRRRR investment strategy and recapitalize oneself is a key metric used in how many underwrite acquisitions.

Communication and consistency are key.

Not only must this be the first step, but we have to be Consistent with the steps we take to prevent going back to old ways.

Not only must this be the first step, but we have to be Consistent with the steps we take to prevent going back to old ways.