The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

that's $100K+ in cash PLUS a solid plan to achieve for that return. 

A common strategy I see with diversification exchanges, is that the investor will purchase the first property cash and the second with a mortgage.

You can use zillow for this or yor agent.You want to go for Max cash flow which means you have to figure out its current rents per door and if you can raise those based on current condition or if will need updates/repairs. 

Just ask the owner what are you going to do with the money if you sell for cash??

Cash flow great.  

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.

This also only works for cash buyers willing to buy and hold. 

Essentially are you cash flow positive or negative each month?