Although no two people have the same experience while starting out, here’s a structured approach to help you get started:1.

Hi Shrijan,Welcome to the forum.Personally, I'm not a fan of out of state BRRRR.On paper it all sounds good and great but I've been in the game long enough to have witnessed otherwise.I would always advise doing BRRRR in your own market if possible.There are too many links to a chain with this approach and if one link is faulty, you chain becomes useless.Otherwise, (Yes, I'm bias lol) an alternate solution is buying turnkey.Wishing you much success 

I'm trying to take an investors approach to the updates I'm completing. 

Good to have a healthy balance in the relationship! 

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.

This was not unique to a specific lender but some made the process easier then others for sure.Anyway, I am now approaching 75% LTV (based on initial purchase price) for the last investment property with PMI so I reached out to start the process and was denied with no explanation.

Kindly ask the tenant to not smoke inside is my approach which I outlined above.

It is easier to approach a personal party with individual needs than a stringent lender with guidelines.Seller carried transactions are not always the most favorable option. 

One person may take the “it adds perceived value”approach, while the other is cost conscious.