Appreciation has slowed in the last couple of years.

This can help you to really dive deep into concepts like BRRRR and before you know it, you'll have a vast library of knowledge before you even invest your first dollar.  

WS was too slow or boring so RE is hot, rinse and repeat in RE what they do in WS.

I consider myself more of a self-employed business owner than a real estate investor and I still consider our business a 'startup' after almost 8 years-- I guess I'm on the slow train.

Those "we buy your house" companies buy at a very deep discount.

I haven't dived too deep into it yet, but it seems like it may do the trick. 

Chris,CAP rates can be so subjective and hard to pin down so how deep in the weeds do you get on your analysis? 

Getting into very deep waters here. ;) 

Without getting too deep into my own personal financials, ill create a quick scenario. 

:) G'Day Zair,Just commented the same to another fellow looking to do something similar to what you are.I think that BRRRR from out of state is very risky business.If I was you, I'd continue immersing myself in everything and anything real estate related.Come back home to the US and start in your local market.Using leverage should only be reserved once you already know what you are doing and you have experienced the income/expenses over a few year period.I've always believe that "Cash is King, Cashflow is Queen and Finance is the Peasant" lolIn your local market or a market of your choosing you can buy, fix and flip or buy, fix and refinance.But I suggest you buy, fix and flip until you have enough cash reserves to buy, fix and hold without it affecting your cash position for future deals.Build a strong foundation without leverage and only then start looking to refinance or finance.30-50% of your portfolio should be un-leveraged.It's a slow process but all good things take time.Just my opinion and wishing you much success