Today you can get funding for a good deal without an issue, so the business model is kind of obsolete.I used to buy BRRRR deals, but over the last years, we switched to buying homes that are in move-in ready condition.

I've only been using them for a few months, but I like the model.

If you need 10 minimum and have to hold those non-paying tenants until you get 10, what does that cost you in your financial model?

In a nutshell, IL (where I live) too expensive of a market, but WI, MI, OH etc seems like you’d get more bang for your buck. also,  you can look at a City’s  consolidation plan and what their plans are for development to get a good forecasting of housing booms.

Even creating a simple model to evaluate potential deals or predict returns could be a fun way to combine your interests while gaining hands-on experience.The most important thing is to start somewhere.

I know this sounds a bit like a weather forecast - "Sunny with a chance of rain" - but my crystal ball seems to be on the fritz right now.Best regards, Stevan

In the upper left corner in yellow, you will see the skid steer with 440CT model on it. 

Let me know if you want to chat more about it or need specific model ideas!

Forecasted performance is your best-case scenario and shouldn't be relied on, particularly in a tougher market like Memphis. 

Just like the business model of every syndicator/note maker.