@Thomas Farrellmiscellaneous reactions-BRRRRs won't produce cash flow - they're an equity strategy, not a cash flow strategy-OOS BRRRR on your first deal will be incredibly difficult. 

Especially the ones where I had doubters saying it couldn't be done or my strategy was wrong.What's next? 

Would be happy to connect to discuss strategies.

It is a complimentary strategy to pull some of your money back out and hedge your bet.

There may be strategies that require a little more blocking and tackling, but the price, location, and amenities of your property is what is going to attract your target guest.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

You're going to have to scrap like crazy to break even - think rent by the room, short term, mid term strategies that require more work.

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos.

I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.

For any of you who use this strategy, can you tell me who your insurer is, and cost of premium?