Usually life events such as job relocation, birth (or death) of a family member, marriage, divorce, etc.

There's great real estate events around the Tampa Bay area that attract investors and may be of value to you.

Here are some considerations to help you make an informed choice:Risk Tolerance: BRRRR projects frequently include more risk, particularly in the event that the refinancing fails to recover all of your money.

It can help safeguard your personal assets in the event of a lawsuit or liability claim that exceeds the coverage limits of your primary insurance policies.Tenant Acceptance Policy: Implementing a thorough tenant acceptance policy is crucial for selecting reliable tenants who are likely to pay rent on time, maintain the property, and adhere to lease terms.

Hi Laura, Here's my advice Attend Real Estate Networking Events, Join Online Real Estate Communities, Utilize Real Estate Investment Clubs, Network with Real Estate Professionals, Create a Professional Online Presence, Utilize Referrals, Partner with Experienced Investors, Attend Real Estate Auctions, Offer Value, and you know what's the last?

Two events must happen for this to work:1 - The accumulated CF must equal the DP,...which means the property is now basically free since the recovery of the DP returns all of the cost to the REI. 

@Jerry Lakey, you are correct that any leverage = risk due to both less cash flow and possibility of wiping out all equity in the event of any decrease in value.

Fortunately, my career allows me to spend $2600 per month on rent in the event I can't find any tenants, but it would be seriously stretching my wallet without being able to save (This isn't including HOA, insurance, or any other fees- strictly mortgage payments).

When you get the screening on a tenant see if the low credit score reflects a life event, such as divorce, health problems, etc or if it is the way the tenant lives, not being responsible for his/her obligations.

However, in the event an owner has to be the GC of the project, don't pay a day rate to subs.