I know the markets in south FL have also been hot in the past couple years, so probability of building equity may be slim unless I were to do renovations, etc.Thanks again!

I always make the analogy that trying to BRRR with no prior REI experience is a bit like trying to surf a 50 foot wave with no surfing experience--the chances of success are slim, and there are MUCH better, lower risk ways to learn to surf--similarly, there are much better ways to learn real estate investing.In my opinion, house hacking (a single fam or small multifam) is the single best way for people to get started in real estate investing.Why?

Negligence on our part might end in an electrical fire or something unusual but it's pretty slim odds unless you are just foolish.

Seems slim to me unless you have additional sources of revenue such as 401k's or Roth IRA's.

Knowing their future rental prospects will slim (or they'll have to live in a slum) and that they'll possibly have increased liabilities from the judgment and lost wages from having to appear in court AND possibly a garnishment?  

The odds of that happening are pretty slim though.

The pickings are VERY slim. 

It sounds like you have hopes of buying a vacant building and placing tenants, chances of finding a vacant 6 unit will be very slim. 

slim to none if you have no experience.  

Higher interest rates: I keep running numbers on properties and they just don't cash flow or the margins are really slim.