If your wife isn't on board with another live-in flip, a BRRRR strategy on a rental could still help you grow without uprooting your family.Good luck!

There are easier strategies to start your new venture.

Take the time to connect with investor-friendly pros who understand your strategy, and don’t rely solely on pro formas—talk to local investors and analyze real numbers.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

As a licensed contractor, I’ve worked with expediters and know how essential your role is. 

That brings up another issue, you can test your subs by where they use grout vs caulk.Depending on your strategy, buy right? 

That's not really a winning strategy. 

., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

I have a duplex I bought in 2019 for $62,000 that was essentially turnkey (off-market).

Hi Adriana, I am a commercial real estate investor in the U.S. but I live in Dubai.In terms of the BRRR strategy, you could probably do a fix and flip in some of the older villa communities like the Springs, Meadows, or Arabian Ranches 1.