Has anyone had any experience with this method?

Dave Ramsey offers good solid advise for the average middle class slob who can’t control himself but his approach is so conservative in this day and age that you won’t make much for fear of risk and you will save till your dead using his methods . 

@Jordan Moorhead more so I would ideally still like to find a MFH to house hack and to start my RE journey... but I just kind of want to get an idea from someone who’s had multiple SFH (bonus if they’ve completed BRRRR method) in the area and just pick their brain.

He was actually interested in doing a 2nd mortgage financing method.

To over simplify, one I call the California method (buy high and sell higher) and the Texas method (buy for positive cash flow).  

Inspection deadline is tomorrow.Thanks again everyone :)___For Context, boiler details:Approximate capacity: 105,000 BTU/hrEfficiency: ConventionalExhaust venting method: Natural draftApproximate age: 38 years 39 years 40 years 41 years Near end of life expectancy Typical life expectancy: Boiler (cast iron) 25 to 50 years Main fuel shut off at:  MeterFailure probability: Medium Supply temperature: 180°F The following issues were noted at the time of the inspection: 1.

I’m looking to use the BRRRR method for my first real estate investment deal, but I’m feeling overwhelmed on choosing the right right property to do this on.

If you aren't getting success then step back and reevaluate your methods.

You should be using that calculator to analyze your deals.If your objective is to recover all your cash to use for the next deal then you need to change your method of calculating/analyzing these deals.  

My wife and I are looking to buy our first home and want to make use of the house-hacking method to lower our expenses and start to build real wealth.