I am new to the world of real estate investing and want to one day own properties and rent units out.

A one-person show isn’t gonna cut it.

@Cosmo DePintoYou've received several responses and pieces of advice, but no one has directly answered your question (until now):-Has anyone had an any recent success using BRRRR in Huntsville? 

We got one offer late last year, still listed for sale but content to keep operating and cash flowing Lessons learned?

She is one of my PM agents and she has quite a few that is doing by the room. 

One is under contract in which I plan to 1031 into something larger and the other I just plan to keep as the contract expires soon.

You can allocate those proceeds any way you want - as equal down payments or buy one for cash and others with loans - It doesn't matter a bit as long as you use all of the cash and purchase at least as much as you sell. 

I tried shopping around but no one would take me since I had a sewer collapse claim last spring.

@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's. 

Imagine you make $100k and you are affected by 3 tax brackets.0-33k =-33K 0%33,001-66k 10%66,001 - 100k 20%You can take $100k in deductions this year and pay zero taxes, for one year and then $10,100 for for 2 years  ($20,200 total)You can take 67k in deductions this year and pay zero taxes for a year, take 33k the second year and pay $6,800 year two and $10,100 year 3. ($16,900 total)You can take 33k each year and pay $3,300 in taxes all 3 years. ($9,900 total)Obviously this is simplified but unless you expect to make much less and be in a lower tax bracket in the future those deductions could come in handy.