In some areas, purchase prices and value add opportunities align well with BRRRR, while in others the margins might be tighter.NOI plaus a big role in success, esepically with MF, so increasing rents and reducing expenses are key.

The key is to pick the right out of state market.

That experience taught me the importance of leaning on local expertise, even if it feels like an unnecessary expense at first.One strategy I’ve seen work occasionally is offering the tenant a “cash for keys” deal, where you pay them a small amount to vacate voluntarily.

And due diligence is key with good tips from @Mike G.

Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

Quote from @Otis Clayton: Quote from @Trevor Finn: Hey @Otis Clayton,Partnering can be a fantastic way to scale, but setting clear expectations upfront is key.

You're right that the key to a successful BRRRR strategy is building a strong team and carefully analyzing deals, especially around rehab costs and ARV.

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

Again how we balance automation and the use of AI for ops streamlining with human-centered property management is key.