The kicker was that the owner of this home (and a friend of mine) wedding was just 3 weeks away-luckily he was nice enough to assist me with the process of refunding all the guests and removing items that couldn't stay in the home.

Yes, the downpayment and all in fees 2 years ago was $30k, with improvements since that time covered by cash flow, so in the grand scheme of themes dont mind the ~$3k in points charge to get that downpayment plus some back.

A recurring theme of how BRRRR deals go south: Not enough capital. 

You'll see so many of the themes we see in those books in this book, but it's a personalized account of how it was all applied.

Next one is Wed, March 3 at 1pm CST.

We rented one Air BNB in the Catskills for a wedding and the beds were horrid.. never again.

Felt like there was a theme to be involved and hands on.

My wife and I were 24 year old newly weds and had no idea what we were doing.

My wife and I were 24 year old newly weds and had no idea what we were doing.

Get in a community that already has a good reputation and following, do the things that attract people in your finishes, theming and amenities.