I know with BRRRR you want to refi to pull the money out recycle and do it again so it is awesome in that regard.  

Other profit centers (mortgage paydown, appreciation which may be negative in your case, cash flow over the full life, and tax benefits) ... project them all out using long term average historic appreciation rates (CAGR over decades spanning multiple RE cycles, for both rents and prices) for that hood and compute IRR ... this will give you a much more complete and realistic picture of how the investment is most likely to perform.This is the analytical framework for how to assess the financials ... the important underlying question though is why are prices so depressed and not keeping up with inflation?

All paid off by 30 years old.Key Strategy Used: Buy - Rehab - Refinance using 100% Money Recycling FormulaWhen Ed started, like most people because of his age, he only had $ 20k from this first job saved up so.

please study the re cycle as where isn't the only factor, but when is also important.

I think you can successfully do the BRRR method in GA and recycle the 30K  to get passive income and build from there. 

So is recycling LLCs dangerous in this regard? 

So, in total, if you take the leverage factor in real estate and couple it with depreciation protection for income PLUS the fact that you don't necessarily have to pay capital gains taxes on your gains in order to recycle them into the next property, and determine the annualized return on real estate ASSUMING YOU PAID TAXES as you might have in a stock portfolio, I think the numbers will end up speaking for themselves (assuming you find the right deals - BIG assumption). 

But keep in mind in June 2015 Georgia passed a new law requiring a receipt  for a new unit  or a licensed contractor to recycle AC equipment, copper pipe and wire.

Could be naive/rookie of me to think this way but we were thinking create leverage by buying the property in cash, then pulling $ out of it to basically recycle that into another similar investment - repeat that process - lease option to own with all the renters and sell before capex is due? 

Did I miss the part where if they are not interested they can throw the letter in the trash......I mean the recycle container ?