I was using rough numbers in the original post.

Keep us posted on how your method is working.

Sorry if I replied but internet when down when I hit post....I don't see my reply. 

Hi @Reid H McKee and @Darald Berger since this post any feedback on the land academy.

It’s a blog post I wrote for BiggerPockets. https://www.biggerpockets.com/... 

it's a hands-on strategy.there are lots of posts on BP about the challenges of BRRRR. 

It's embarrassing to get a call from a tenant about a foreclosure notice being posted on their door. - Due to all the EXTRA handlholding with the tenants in these circumstances, we either terminate our management or require a higher monthly fee from owner.If you are a PMC reading this and you do NOT have these checks in place for new clients - the market slowdown is going to cause you a ton of headaches with desperate owners dumping their problem properties on you.

(this is called premium pricing)Keep in mind, if you refinance a house as owner occupied for the lower rates, you are signing a new 1 year occupancy agreement so you need to stay in that house 1 year post refi before you buy your next primary. 

But glad I saw your post!

I have seen older posts from others saying they pay as low as $175 per pier.