It is not a matter of predicting or bonus.

Overtime, it is easy to predict who is the one that is not frugal.

The goal of every landlord is to have a predictable and increasing cash flow while building equities up over time.

Hi Mariama,I personally see the build and hold variation of BRRR to be a cleaner and more predictable process.  

Steven - I get that in New York city the prices are different (higher), but the analysis you sent me brings too low of a cash flow for the asked cash on investment and even if your prediction holds true it is not very liquid if I decide to transfer funds or reinvest if an opportunity presents itself. 

There is an optimism here that is not entirely pie in the sky, but you have be ready to face a lot of complications in this game.Just this month alone:  mortgage criteria for rehab loans, lots of paperwork, special inspectors, bank appraisals that come in differently than expected, stalled market conditions throwing off sale predictions, financial scrutiny.

It's success isn't predictable.

RE boom-bust cycles are a fairly recent phenomenon and we don't really know enough about them to make confident predictions.

Despite the fact these homes are all in Decatur, Zillow seems to predict varying appreciation - one house up 7% over the next year, whereas another not too far away down .3%.  

As you mentioned above, favorable recourse can be difficult.While predicting exact increases for taxes, insurance and utilities can be difficult, it can be done with a reasonable level of accuracy.