Yes this method only works if #1 You make more money than you spend#2  You are willing to spend less than you make.#3  it works because people don't have discipline to pay their mortgage beyond the minimum.  

Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k. 

In Miami, we all know how people use rented cars, boats and houses to give themselves credibility.  5k for me is pocket change but I never like to spend money on a losing investment. 

Only spend 2 hours on it.  

We discuss spending, net worth, and future investing goals with the cash.

If you spend 10-15 minutes watching every week, you'll know how to price your home.

Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.

Now consider this: all the groups people are spending fortunes to target—foreclosures, absentee owners, probate leads, tax liens—what do they have in common?

So now your scrambling, going onto forums trying to figure out how to get it all back to the Nirvana it was.

So I want to make it an enjoyable and comfortable experience but I dont want to spend too much