BRRRR gives us desirable properties that get good rents and should need less maintenance and capx in the first several years.

Needless to say highest rate does not affect that many people.  

Needless to say, I am not renewing the first lease and I am glad to renew the second unit's lease.

Needless to say her contact continued to take a long time to get the process started and I ended up losing the house today because they took another offer. 

I honestly think using this money as a down payment may be a better option for me as I would be buying a better property that would need less renovations.

.* Focus on newer properties, even though they may cost more, they tend to need less attention in repair.* If you are getting a loan, put at least 25% down on the loan, and pay for the credit points to get the lowest interest rate possible.* Increase your rent by about 5% annually (if needed), to keep your profit margins the same, as inflation, insurance, and property taxes tend to rise annually (insurance yes, property taxes sometimes, again depending on the state and city.)* Find a good reputable property manager, sometimes the mom and pop ones are better than the big corporate ones, as the mom and pops tend to give greater attention to the few houses they manage.

I am coming close to being a property manager for a year and have been involved in a few small Real Estate deals, needless to say I am a newbie when it comes to all of this, so please bear with me!

This has been one of my dream goals in life, so needless to say I am excited.

Needless to say it's a wonderful way to save money/invest while living in California.

Looking into an REO triplex (asking price $95,000) that will need less than $20,000 in repairs.