But with rule of thumbs like the 50% rule, it looks pretty good.I'm using a combination of the BP calculator and the 4 square method to analyze this, but I'm wondering if there are more experienced investors out there who could help me out and see how I can improve and what I might be missing in my calculations. 

@Cameron Skinner As @Ari Lasky said you need to submit form 3115, which is change in depreciation method.

Basically the BRRRR method, but using the HELOC to fund the deal. 

So my question is, for those of you who have done and are actively doing fix and flip projects, what are your top three favorite methods to find great deals?

I recently learned about the BRRRR method as an alternative to just getting traditional, conventional mortgages on rental properties, since I heard that there's a limit of something like 4-10 mortgages you can have taken out in your name at a time.

I evaluated this using a spreadsheet that I created after watching Brandon's 4 square method. 

I purchased 4 then used the BRRR method to pull my cash out after the renovations and rolled that into others.  

As people in the UK are not familiar with what a money order is, I'm not sure they'll be familiar with a bank draft and I'm not sure whether the problem here is financial methods or language.Thank you.

Not even going into the hassle that caused personally, having to switch rental payment methods without notice created a real mess.  

Take the band aid method, discontinue the leases for the month to month tenants who are well below average and update multiple units at the same time and get the updates done asap 3.Raise the rents letting the tenants decide to stay or leave which will give question to who stays or goes but I'd probably have at least 2 or 3 leave up front. a.