.#1:  Rules of thumb will eliminate good deals as well as bad. 

If you figure out another method.   

As your a good citizen and known politically you can ask for land to lease.  

With that money - I am using it to invest using the BRRRR method. 

Didn't realize this is a method.

Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.

Learn how to manage it well.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Without one, there is a small and remote chance that the existing system of insurance, mortgages and the US housing market as we've known it, is at systemic risk due to; over-financialization, risk aversion and regional fragmentation.

I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue.