That free Rentalizer tool that came with the BP membership was super helpful.

Feel free to reach out if you have any questions about the refi stage of this BRRRR. 

Essentially you are creating future tax free income by being able to roll over these losses.If your income is between $100,000 and $150,000, a portion of that $150 loss is deductible and the rest rolls forward.If your income is less than $100,000, your loss is fully deductible - and THAT's the cool thing about rental income. 

Feel free to reach out and I'll share their information. 

@Carter Mayberry  Just commenting on the "free up my DTI" part. 

Feel free to reach if I can answer any other questions for you.

On paper, it sounds like a good deal, but I worry that you are doing this all on a spreadsheet and not in real life.

I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.

Please feel free to reach out with further questions and/or for attorney and lender referrals.Best,Zalman Ives

If you're worried about cash flow, put enough money down so that a current estimated rental price after the home is renovated will cover the mortgage and property manager costs.