Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.

I did find the midwest, specifically Ohio to be incredibly good for appreciation and cash flow (for MTRs). 

Hi to everyone,I would like to ask that ,my banks in my country (Greece) are unable to provide refinance options for the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), what alternative realistic strategies can I consider for implementing this investment approach?

Sorry to hear that happened Ashley - that's incredibly frustrating.

I appreciate the difference in approaches.  

Your property is generating 2300 in cash flow, thats incredible.

It's all in how conservative you are in your approach to underwriting your deals.Even when a Seller says they've improved the property, the tenants are still tenants and do damage to brand new improved units. 

You'll probably get better service approaching it that way than hiring a professional manager anyway.  

Is this a good approach?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.