I now have 5 rental properties and they are all occupied and cash flowing nicely.I never used the BRRRR(an acronym that stands for “buy, rehab, rent, refinance, repeat.”) method until recently when I purchased my 4th rental due to the amount of equity I had from this property.

Depending on what type of underwriting method a Mortgage Broker found most suitable for your scenario + your credit score, you could get slightly lower interest rate although 6% is a good number to plug in to be conservative.  

Simple, and yet to the point in that getting out a tenant can be tricky but there are a few methods that work.

I will not rely on data from the internet as it's a poor method of determining property value. 

Flipping: I have seen my sister do a few (strictly part time/diy), but I want to fast track it using the best methods and avoiding pitfalls. 

Proving to the carrier that the building is a lower risk through methods like the wind mitigation report is your best bet to get a lower price without sacrificing coverage. 

@Jordan Moorhead  You make very good points, and once we are rolling, we may find ourselves considering other options outside of the buy and hold method. 

There is no standard way to measure square feet unless your state by law has a predetermined method. 

You can only fund the IRA through the following methods:

Find a new partner...people never change.Using leverage is the wise approach to building real estate investments and is the normal method.