Also, banks typically use a valuation process that does not favor the BRRRR strategy. 

You typically offer it to your partner first to see if they will buy you out.

This helps you stand out from the typical lowball inquiries the agent may have received.After the walkthrough, if you’re ready to move forward, explain your reasoning.

Issues 1) even garage conversion ADUs in single family zoned areas typically cost more to build than the value that they add.  

So, a house that would typically cost $100 per sq. ft. to build 5 years ago, is now costing $200 per sq. ft. 

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

I do not have a traditional W2 job so I can't pursue the typical conventional loan or a FHA since I don't have income (hence the DSCR route).However, I've seen that most DSCR lenders do not lend if the loan amount is less than $100K.

Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.

DSCR loans typically take 21 days to close.

If so is there a typical investor profile?