I believe there are a few unconventional approaches that work best for OOS investors looking to perform BRRRR in Mid- to lower income communities.  1.

An experienced broker with lots of choices at the palm of their hand is probably the best bet.

I bet if converted BACK, it would be 4br+, probably a rather spacious 4br+: - a whole lot easier to rent given much more demand for such vs efficiency or 1brs- no longer competing in any way against apartments- no more utility issues, because tenants cover 100% of there own utilaties- no more headaches of wrangling different persons to play nice togetherAnd on and on and on...... 

Nowhere in their claim is there any mention of how many people get that list.. so all this does matter.Lastly I am willing to bet there are plenty of people that have send 2K mailers and not gotten any deals... so tha claim truly is factually wrong.So does your plan sound good...In my opinion it doesn't sound good...

On the flip side, saving for another property could delay financial stability if unexpected costs arise.A Balanced ApproachIf you’re still torn, consider a hybrid strategy:-Focus on maximizing your current STR’s performance.

Hey y'all, I have approached a point where I have built up more confidence in performing my first house flip in the Charlotte metro region.

I think an equally probable scenario is that we'll convert it to a rental, and then look into a 1031 exchange if we think we can trade into a better-performing asset. 

Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.

I’m not a betting man.

Traditional loans are debt—you borrow money, take on a repayment schedule, and owe interest, regardless of how the property performs.