I can buy an infinite number of rentals at a HUGE discount (very low LTV) and not put any money down.

And what cashflow we were getting on that equity was less than 2%...That meant at the time we would have made more money with that equity turned into cash and put into the bank in Cd's...We thought we were smart... all these high leveraged high return deals...Hey even those infinite deals...The ones like I do mostly nowadays... where you have little to No cash invested... and create equity...So, I learned...

Infinite right?

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With BRRRR, you get your money back, and the c-o-c becomes infinite (if positive), since you have $0 in the deal.

Pay cash, refi your money out, infinite returns lol.

If you don't have savings for a down payment/ repairs you will find it infinitely harder to get started.

ROI: Infinite (no money in the deal!) 

With low owner occupier financing the cash on cash returns can almost be infinite, so you will also want to include gross rent multiple analysis as well--how many multiples of the purchase price are in-place or estimated annual gross rents?

However, I see this almost as a pension or annuity for investors because after all capital is returned through a refinance, the investors still retain the same ownership so at this point, the investors have an infinite cash on cash return until we sell, which hopefully is not for a long time.