Our area is still too competitive for that.

there's no buying a BRRRR deal with $0 - you need cash to buy, and then you need cash every month to pay the holding costs and service the debt during the rehab.lots of things are making BRRRR tough right now, especially the increase in interest rates and the fact that prices have leveled off. if you did a BRRRR in 2020 and just waited 12 months, prices would go up, and that would help your appraisal. that is not the case anymore. other factors are making it difficult too - there is lots of competition for deals, both on and off market; lots of good contractors are booked up; and lending has tightened a little, and it's harder to get a higher LTV.so just to be clear: -BRRRR requires lots of cash - it's way more cash intensive than portrayed-BRRRR is not a cash flow strategy - you will end up with a break even property-if done right, you'll wait 3-12 months to get some (or close to call if you really crush it) of your invested cash backI know this wasn't your exact question, but I had this typed up for another thread and thought it was relevant herehope this helps

I'm aware of seller financing as a possible option and will be on the lookout, but it certainly dramatically lowers my deal pool in an already incredibly competitive market.

As @Nicholas L. said, house hacking is the best for that, especially in a less competitive market.

So, even if a deal seems just okay this year, it could turn into a really good one in the next couple years.Also, selling houses in Orlando is super competitive these days.

Additionally Section 8 owns a ton of apartment complexes so there is aggressive competition when compared to the single family vouchers that are very commonly available to us small-time housing providers.Love to talk Toledo, again thank you for the interest!

Other than unpredictable HOA fees, your unit will be in direct competition with tens of 1000's of hotel rooms.

And I'm concentrating on Lake County as I'm familiar with the area some and have ties to the Navy base which may provide a competitive edge.

Your local REIA can often provide similar information at a fraction of the cost, allowing you to allocate your saved capital towards your first deal.

It's an amenity - you're not trying to be price competitive with the laundromat.