Quote from @Matt Sledge: Hello all what's your thoughts on these markets for SF an MF  As more and more companies continue to move into Tampa, it's hard to believe Tampa and its surrounding suburbs wouldn't continue to grow at a very strong rate.

The risk you are taking attempting to BRRRR without hammering out all the figures is that you will lock up all your capital into one rental and you are back at square one, with no ability to scale.

Also, north of Hammer Lane seems like the trend. 

I think I'd be better of with my own attorney and hammer banger.....Sorry, but I'm out!

You'll probably attract an money guy at 14%, the owner/hammer guy about the sameor more, but that depends on other factors, the scope of the project, is it a rebuild or adding lipstick?

And that isn't for newbies, give the wrong advice and you can still get hammered.

(Try going into Home Depot and telling them you need to join some hub-type cast iron drain pipe, so can they please direct you to a hacksaw, hammer, oakum, asbestos joint runner, lead bars, a ladle, and blowtorch.  

You can't swing a hammer on properties owned by your SDIRA.

. - Ancillary businesses to real estate market, especially SFHs, are getting hammered.

I assume you have some sort of ability to swing a hammer/paint/flooring/demo. etc.....If not, you'd best learn some basic low-level skills...