If done well, it means you can refinance and use that capital for your next investment—helping you move more quickly towards your goal of creating enough cash flow to change your work/life balance.Market Opportunity: Given the current market in some areas, you can still find deals that make sense for BRRRR, though they do take some effort to locate and execute.

Based on my understanding, I could file a small claim but the court will not execute it, which means if the tenant decides not to keep paying rent, I couldn't anything with them even if I won.

People who did it wrong and weren't able to execute.

we used to pick up a couple a year at the tax lien auctions, but most were accessible if you had a skinny guy on staff that could get in. 

The only people that are potentially bothered are the busy business executive type or, generally, people who are time poor but I don't think that's gonna be your clientele anyway.2.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

thank  you Laura -I do feel good about the compensation as they have been our only boots on the ground as we just can’t use “ friends” anymore ..I also found out that the $500 monthly fee is lifted once the place is rented and she goes to a much lower rate / hourly when things arise .I just thought it was a unique price structure and have never heard of things executed as such before .Thanks again for your reply-Christian

@Deepak Sukhija - I agree with others that you should talk to a few lenders to get an idea of how much of a down payment you'll need to execute the deal.

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)

There is more things to consider when using this strategy its best to plan ahead and begin the mortgage planning as soon as possible so if a deal comes along you will be ready to execute.