Do not expect a housing melt down like last time.

He told me he'd clean it up in the spring when the snow melted.

-TRUST YOURSELF ONLYthe way BRRR is being touted in the book on BP  lacks a very fundamental aspect of BRRR I did as a HML over 2000 BRRR's for clients all over the country prior to the melt down of 08.. its how all turnkey worked at the time..Big difference though is I would not lend on the asset up front without an ARV appraisal before we even bought the place.. and as the lender I HAD the teams under my control.. since it was my money.. so the out of area investor had a TRUE team not a dream team of wholesaler realtor contractor  LOL.. which can be problematical as your discovering.. the only thing that goofed us up is when REFIs were no longer being done on rentals.. not saying it will happen again..But one really needs to know these things and be fully approved for the refi  including values before you buy the rehabber..had you done this ..

Seen plenty of melted soffit and siding from that.

The brand new siding (installed June/July 2019) is melting above the front door.

We are at the Melt Bar & Grilled in Independence. 

totally location dependant.. you had your melt down areas were nothing went up and everything went down including rentsthose wereVast areas of FLA   ATL metro  PHX  metro  VEGAS  MI OH central CA. to name a few.Portland were we were living stagnated rents held pretty well commercial was hurt very bad some strips centers 50% or more vacant. etc. 

For a week rental, the cleaning fee can melt into the nightly rate.

These systems have a defrost mode and they literally stop heating for periods of time to melt the ice off of the heat pump that is outside.

its all about the sponsor.. if they do their job correctly .. if they don't then you can take a loss I have seen it first hand..but sometimes you can do everything you can up front but then 08 hits you and the values drop 50% and your sponsor had a loan due in 5 years that no one will refi.. and the bank that made it went out of business and Rialto bought the assets and wont negotiate and forecloses.. this is what led to the melt down of the GFC..