Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

Ask your trusted tradespeople (electricians, plumbers, etc.) if they know someone reliable.Local Facebook Groups & Nextdoor – Many handymen rely on word-of-mouth, and these platforms can be great for finding recommendations from landlords and homeowners in your area.Real Estate Investor Groups – Chicago has an active real estate community.

My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?

And, there is an active lawsuit against them from 8 previous members. http://www.skapiklaw.com/uncategorized/new-wealth-... .

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?

Even with active investments, diversification is better.  

Like @Charles LeMaireand @Justin Kane mentioned Joe Fairless and @Theo Hicks have a great book that goes over every step of the process on how to become an apartment syndicator.Are you looking for a more active or passive approach?

The Tenant agrees to maintain an active renters insurance policy for the duration of the lease term and any renewal periods.

Networking with local real estate investor groups can also help identify lenders active in your area.

My biggest advice when designing a vacation rental is to truly know the daily activities, habits, and needs of your target guests.