Thats not my model and homes at that price point havent penciled out for me but im very much doing BRRR in my market with properties that do pencil. we add ~50k-60k of equity per BRRR on properties around 200-230k ARV  You can definitely create equity in D.C. though the 200k listed above is highly unlikely, the biggest issue is at those price points you are deep in the red cash flow wise after refinancing. 

TENANT PROFILE: tenants are the biggest influence on Neighborhood and Property Class.- If you don't believe us, think about what will happen if you put several Class D tenants in a Class A apartment building.

Biggest gains are if you do it out of your IRAs.

How will they grow the revenue I earn each year on this property?  

Someone's home is one of the BIGGEST and MOST IMPORTANT things in their life!

My PM is key to my success.San Diego Condo: This is your biggest concern.

The biggest factor is thoroughly review their credit score report especially on time payment record and score.

Paying off the mortgages negates one of the biggest benefits of investing in real estate, leverage.

Quote from @Daniel Segovia: What has been your biggest win as a private lender this year? 

It takes into account cash flow, leverage and amortization, depreciation and tax advantange, and appreciation.A property with great cash flow but minimal appreciation might not be the best return for money and effort.A property with negative cash flow and double digit appreciation can be a gold mine.A property with sucky cash flow and very high leverage could still be a great investment if the leverage is low interest because of amortization.The two biggest questions I challenge my clients to ask are not about performance (The IRR gives a definitive picture of that).