I’m on a mission to master the BRRR method.

An accountable plan is usually the most efficient method for C Corps and S Corps when employees pay for business expenses out of pocket. 

Also using Larry's method extremely effective/efficient for new contractors.

And I'm fairly certain after renovations the deal would bring in between $3,500-4,000/mo.BUT, I would like to do this deal with a private investor and use the BRRR method.

I’m looking into alternative methods to house having and MFH run for $700k+ out here.At the moment, I live in a detached garage converted into a 600sf 1bd/1bth.Since the 700k price point for a duplex with max 3bd/2bth unit to rent it out of question for me, I was thinking of the possibility of picking up a smaller house with the possibility of converting a garage or building a separate addition that my wife and I would then be able to live in while renting the main house.I know CA is becoming very favorable towards ADU’s now a days and was wondering on if this could qualify as a primary residence for myself as well as me be able to use potential rental income for me to be able to qualify for a loan.Still new to BP and REI, I couldn’t find a google answer on this, so any help would be appreciated.Thanks!

Check the numbers to make sure you can make money with this method of financing before moving too fast with your pursuit of the condos.

However, I am working on a transaction now that the lender is willing to move forward using this purchasing method. 

However, with the normal wear and tear/ usage of the two main entry doors to the units foyer area, we have had more than 5 service calls on the locks (for batteries, lock mechanism not functioning, etc.) and both front door Locks have had to be replaced once already and I am thinking it is time to use a different Door Lock method. 

:) No, I haven't gone in person but I, per my usual post-posting luck, tried a few other search methods and happened upon this gem: https://aca3.accela.com/Atlanta_Ga/Default.aspxYou can search code complaints for COA online!  

Even if the COC ROI is low, it still cash flows okay and most importantly, I can use the BRRR method to pull money out after the forced appreciation and move onto my next deal.20% down + cost for a renovation would tap us out completely.