However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Would you mind sharing the locations you mentioned?

I’m eager to connect with like-minded professionals and make great deals happen!

You also get peace of mind knowing it's done correctly, that you're not missing any deductions and that you won't get audited.Good luck. 

Even in those cases it is hard to create gap between purchase price, rehab and ARV.Investing in todays market is overall very challenging and I am finding that the BRRRR startegy is one of the worst strategies in todays market.Lets keep in mind that BRRRR became highly popular before 2020.

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.

Where i just needed to worry about just me doing something negligent or what have you, now i will have two to keep in mind.

Technology has come a long way, however, having a someone you trust locally will give you peace of mind while leasing your properties.

MAREI North has an inperson meeting tonight - MAREI has it's member's only master mind meeting tomorrow and main monthly meeting the 2nd tuesday of September.

I'd love to hear what you're paying and who you're using for them if you wouldn't mind sharing, either here or PM.