Also, long term, I expect Sac will enact tougher restrictions on STR, given the intense housing crunch we're experience, so I personally don't expect that to a be a good long term strategy.

Solid strategy!

Hey @Scott Vaeth,That 6% tax hit in South Carolina is definitely a big factor to account for in your BRRRR strategy.

Hey gang, has anyone used this strategy as of late?

Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.

I think it's a great strategy.

All the gurus use that strategy.

The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.

Lots has changed over the years.Managing it yourself from a distance can be done, but it will require your team to be built and for you to have back up strategies if guests need attention and you're unavailable. 

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.