@Leo Maldonado: Your Comment: "I really want to hear all your opinions on this transaction."

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Thank for your honest opinion. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The great thing about BRRRR is that it allows you to keep recycling your initial cash, which makes it easier to scale quickly while building cash flow and equity.Flipping homes, in my opinion, is more of a job than an investment.

Your best bet is to get on the phone, get multiple opinions, multiple quotes, and make decisions on the type of build before pulling the trigger.

This entire conversation in my opinion comes into play for a group or entity that may have 50-100 STR's where the branding will matter more but to be honest from what we have seen when they get that large they usually have lack luster service and subpar reviews- in the end someone that is 1031'ing mostly cares about that cash flow at that level and that's why and mostly only why they care about buying a brand. 1-15 units and a brand is nice but in my opinion wont break a deal- we are trying to do it but in the end its more for our guests to have a simple streamlined way to book with us.

I have a lengthy Legal Opinion, from my seasoned Legal Team regarding this matter.

That sounds like a plan in my humble opinion. 

Too many varying opinions with sound logic on both sides in this forum regarding traditional velocity banking.First position HELOC ...