Once you get the hang of it in a few months you’ll be ready to buy your next one as soon as you save the down payment.

The logic just defies itself.As for what will  happen, I'm thinking the fed is just going to hang tight until something breaks.

Cash flow is defensive; you need to it hang on to the property, but leverage + appreciation - forced through renovation or just general market appreciation - is how you get outsized returns in real estate.

Once you develop systems, and get the hang of it it isn't that hard.

As someone new to tax lien and deed investing, I've been studying up to get the hang of it.

Without my BP mentor, I don't know how I would have gotten through it, as the first eviction was 2 months before my wedding and we were landlords less than a year ;)Yes, this too shall pass, and once you get the hang of landlording and get more experienced at screening, things should calm down.

Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.

The ones that hang here are.

then you better hang onto him.A case in point - when I worked with a money partner and I did all of the things you listed i.e. everything except the money - I got 50% of the final profits....and my partner was happy to pay it.And yes, you are taking all of the money risk....but you will still be taking all of the money risk with a average or bad Contractor if you aren't careful.

Some idiot that was inexperienced at BRRR got in over his head(upside down) and resorted to leasing to a soberhouse operator across the street from my parents nice SFR in an affluent neighborhood....first the friends and ex-dealers come hang around the house, but, they are not allowed inside, so they all hang outside on the stoop or just down the street, if that's in front of your 80 year old parents house, too F'ing bad!!!...