Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I'm finding it hard to believe that Xero doesn't have the ability to do this will all their custom reports stuff.In Xero I can't figure out how to get a view in a report how much the principal has paid down over the selected time period. 

What I saw was a bank account with over 6 figures and a new check from fortune builders for over 40k.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

I hear you, I’m just trying to understand if they are able to do it (especially for $50), then I’d think I’d should be able to figure it out myself.

If so, you'll need to figure out why you're not making money - is it other operating inefficiencies or your debt terms?

BRRRR is tough, more difficult than advertised, definitely still a viable strategy, just not a 'cash flow' strategy.Yeah I didn't figure it for cashflow, but more of a piecework operation for profit and redeploying ARV equity with some alternative uses for renting if desired.

Figure the parking out.

If you don’t know the legal notice requirements for your market make sure you figure all that out before you do anything. 

I've purchased Joe McCall's coaching and used his Lease Option Strategies and made multiple 5 figures through his teachings alone.sorry you had a bad experience @Ryan Phu, but my guess is that it would've been much better if you got a deal from it correct?