What are your thoughts considering I could increase rents and wait for rates to drop and when that happens refinance again and realize much bigger profits It sounds like you have a solid portfolio of properties that are generating good cash flow for you at the moment.

I am a sponge so any information is good information at the moment so I can learn.

At the moment we have a tenant who is being quite difficult... communication completely eradicated.

There were enough moments when I wished I could have been local even then, and "local" took a 20 hour plane ride. 

CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are additional variables to consider.

So opportunity to flips to make home beautiful is a lot.

This may be a dumb question but I recently finished my first BRRRR and am refinancing at the moment.

This stunning remodeled home is ideally situated minutes away from the beach and boasts a beautiful rooftop deck.

This stunning remodeled home is ideally situated minutes away from the beach and boasts a beautiful rooftop deck.

her and her husband both retired from their day jobs and have all these gorgeous renovated SFRs. the key was that they got better and better at BRRRing and the nest egg grew just a little bit with each cashout/refi, so they could do bigger/better deals, then multiple deals at once. this obviously took time, but they're getting ALL the perks of REI: debt paydown, appreciation, tax benefits, cashflow, the opportunity to provide beautiful safe housing in the city they live in... if you BRRR'd your way to a few STRs instead of LTRs, you could probably arrive at that 7k/mo number pretty quick. also consider BRRRing to MTRs. gator lending is short-term / transational lending, usually to wholesalers for deposits. pace morby has a course on it. most people i'm sure take the course, do nothing with the information, make no money, then complain and say the course didn't work lol. but i do know tons of people actually make great money gator lending.flips obviously work too but you usually LOSE money on the first one, break even if you're fortunate... it's very active work too, so doing flips while you're still working full time, idk, not a fan personally. you'd have to KEEP flipping to KEEP making 7k/mo, vs with BRRRing you'll eventually get to that 7k/mo and can stop or regroup.