Reminds me of the home office myth that is always asked about.

It's not a myth, the length of time you hold is probably the biggest factor.

I guess my thing is that I have read that others are getting decent cashflow from the BRRRR strategy, so why would I also not shoot for the same thing? 

A major part is that under 5 unit buildings are not subjected to rent regulations (for the most part).I also FULLY expect as the majority of Voters who are tenants will vote for their self-interest, which implies continuation of rent regulation laws or even enhancement of it.I think a RE Investor that can thread the needle in Rent Controlled Cities can be INCREDIBLY well rewarded.In fact, it's provides a very stable and consistent economic growth.

It's a risk in any area but let's just say it's "enhanced" in a $50K house area.

In an effort to further enhance our client experience we are looking into this matter and have tried to reach out to you via email and phone.

Unless the rentals are infrequent, it's written on a commercial basis, which includes better liability coverage and property enhancements that can be beneficial, especially if you're actively buying additional properties.DISCLAIMER:  I write with Safeco.  

I've connected with so many highly successful people all across the U.S. and it's really given my the confidence to say real estate investing is my life-long calling.

Mileage and home office deductions raising red flags for an audit are both myths.

Artificial lighting can be used to enhance the interiors of your house, but just relying on artificial lighting gives a gloomy impression.