In the meantime I plan on looking for other houses to turn straight into rentals using the BRRRR method.

@Jeremy Marshall - as an upstate NY investor who has experience with many of these heating methods(natural gas forced air vs electric resistance heat, as well as gas/steam, oil/hot water, natural gas space heat,) I strongly recommend natural gas forced air over electric baseboard heat.

I am in the process of developing a personal portfolio and will likely use the BRRR method.

This is a pretty good method of getting very accurate comps without having to guess at other things.

So if I start with a duplex or a quad as my first property my goal would be to have a net cash flow of $500I intend to use the "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) method but have never used this strategy before so I still have a lot to learnIf I only close on two deals starting in 2019 then I will need to find another 20 deals in the remaining four years (2020-2024) that also meet this criteriaBeyond 2024 I plan to continue to scale even more over the next 3-5 years with an end goal of financial independence by ~2030 (meaning that I will not work a "day job" but will passively manage my real estate portfolio)Biggest hurdle: I'm going to be living outside of the US for the next 3 years and will (likely) not be able to physically see any properties that I plan to purchase.

Also, have you decided on what method you will be using to invest in properties. 

Hey BP, I’m going to use the BRRRR method to buy a multi family property.

I was originally planning to fix and flip until I got to listening to Brandon Turner, now i'm considering the BURRR method OR pulling a equity line of credit. 

If you have to restore with only certain materials or methods, that may increase the amount of coverage you will need.2.

So I like your plan as it is the primary method that I use.