Hi Samuel, Have you had any success with the 60% 2flat exception in rs-3? 

I've managed a number of successful rehabs and put a lot of sweat into them as well.

Successful BRRRRs are challenging enough to do local to you.  

Do you have property managers and contractors who your clients have been using for over a year successfully?

But me and my clients have had great success with MTRs here in Temple, TX - its about the only thing cash flowing well in my market right now. 

I could never guarantee that every student would find a deal but we have so many success stories and people have switched from investing in MF, MHP, Storage to office, retail, medical, industrial etc.   

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

If there is not a local real estate investor group, consider starting one.To Your Success!

Quote from @Michael Belz: I was impressed by your blog post discussing the success of small cash-flowing real estate deals in Detroit, particularly with smaller houses.

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.