it's a hands-on strategy.there are lots of posts on BP about the challenges of BRRRR. 

I'm glad you have the part of the situation that affects you in hand.

I meet the appraiser there to walk them through the property, answer any questions and HAND them the folder with the above info. 

.- Lower down because I can do FHA loan- Probably don't need a property manager because I live here- With the potential rent income vs monthly mortgage price, I am probably breaking even if lucky- Pro tenantJacksonville:- Total cost of home is lower, even though I will have a higher down payment because I am buying it as an investment property- With the potential rent income vs monthly mortgage price, I might make a couple hundred a month... which can eventually be used as a down for another property?

I can totally relate to your frustrations.

What you can also do is take a look at any high interest credit cards that you can consolidate to maximize the monthly savings and reduce monthly total debt.Cash out refinance is tax free and cannot be touched or taken back but a Heloc can be reduced or closed if you miss a payment, credit score drops, or your DTI increases.

Purchase price: $375,000 Cash invested: $101,500 I own a mixed-use property with a total of five units, four 1BR residential apartments and one commercial space.

On the other hand, most true investment property loans are going to require at least 20% down.I also recommend that you network as much as possible with other investors.

For cap ex, vacancy, and maintenance, 5% each or 15% total would be pretty common amounts to budget.So, that means about 25% of your income rent will go to the PM, cap ex, vacancy, and maintenance.

Also your risk profile and total net assents in each LLC matters too.