Since your goal is to build a portfolio of rental properties, you’re right to weigh both the financial and practical aspects of this decision.

Being curious and accepting that you don't know everything is one of the most important and freeing aspects of investing. 

I'm just not familiar with the flipping aspect of homes this age and just want to be cautious going in.Thanks in advance! 

The appealing aspect here is the ongoing population growth and other economic factors.

Let me know if you need assistance with that or any other aspect of your investment journey, happy to help!

As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

So you want both aspects. 

Now with essentially free money being gone, not only in BRRR is it more challenging but every aspect of real estate is more challenging and we are going to see a lot of people lose a lot because of inexperience of not knowing their risk

The other aspect is identifying what I call "Ugly Inventory" so that you find homes that can still pass an appraisal and not be "Subject to" so that you can do some TLC with repairs/renovations to borrow off of the ARV.

It simplifies the process and helps ensure that every aspect of your investment is handled smoothly.