I don't do anything fancy, but I had a heckova time finding a CPA that could follow what I doI buy using Subject To and Land Contracts and I do a Sandwhich Lease Option depending on the property and the state and I sell to Tenant Buyers on a Lease Option (or Land Contract if Texas).

(FYI, an exit strategy is a fancy way of your plan for the property, like sell, rent, flip, etc)So when I started seeing all these videos from Pace Morby about how I could buy investment property at 2020 interest rates with no credit, no experience, and no money, I got excited!!

I am going to go against the grain here and say that I do not factor any of these fancy values anymore (ARV, LTV, DSCR, 1%, 2%, 65%, 70%, etc.). 

I have one When he moved in, he hooked up his cable TV, bought a new frig with water and ice in the door, new washer and dryer, those fancy round door ones and new furniture for the living room.

Now I'm not saying that you need a degree from a fancy school to do so.

In college I wanted out of the dorms with one of my fraternity brothers for a year and my girlfriend the following. 

If you visit the male bathrooms of military barracks or college dorms, you will see small signs taped over the sinks in homage to these legendary thick-bearded men: "Your mother doesn't clean here.

That fancy stuff doesn't make me happy, but if I'm constantly exposed to it, I want it.  

Even if you came up with something super fancy you'll have to update it next year when the guys in power of taxing change the tax laws.

We've had them quit college, quit being friends, transfer, decide they wanted to live in the dorm, decide they wanted to commute from home, decide they wanted MORE roommates, decide they want less roommates, decide they want to live next to the hiking trail, etc.