After hearing the common theme from the podcasts of "you just have to take action," I made it my goal to jump before the end of the month.

Still, current projected rent is $3,200/month.Current owner (in keeping with the deferred maintenance theme) has very few financial records but does prove up the following actual numbers:-Property taxes, $1,900/year-Insurance, $2,320/year-Owner-paid utilities, $3,429/yearEstimated:-10% vacancy-10% management-15% for maintenance/repairs, and -Reserving $700/month for CAPEXBOTTOM LINE is $34,560 net rental income less $24,700 expenses = $9,900 NOI.Offered $95,000 with $10,000 reimbursed at closing for immediate CAPEX (roof and A/C units).  20% down, loan on balance ($76k) at 6% for 30 years.Cap rate with $400/month rents is 10.1%, cash ROI is 20.3%, and annual cash flow is $4,400. 

A common theme among the homes that would qualify as a BRRRR opportunity are that the properties would be very aged and typically need and entire gut job to be done correctly.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

The unofficial theme was products designed by geniuses for use by idiots.

I do have one cabin with country western theme, one with bear theme, guests compliment the themes.

I assume you could easily get $200-$300/night for a house that size and more if you have a well themed and tons of amenities.

Sounds like if I take your route, I pay theme rent and then exercise my option to purchase on pre agreed to price after property is passed to beneficiaries so that they will inherit and then sell on a stepped up basis?!

I recently listend to some BP podcasts from 2015 and a recurring theme is Josh saying that the market is already very high and people thought it might crash soon afterwards.