I am using the BRRR calculator and the question comes into play when you download the PDF report and review the doc.

I don't want to bring more than 20% down and tie up more cash so I am using a HELOC from another property to get the extra 5%.

I am going to focus on 10-30 unit buildings that are distressed (still not sure what level of distress) and try to look for buildings I can employ the same strategy I am using now. 

Add to that all the amusement parks, zoos, ocean, sports teams and venues, shopping, etc. and it's probably one of the top destinations for vacation getaways, as it's a very well rounded draw. 

So, I am using the pro version w banking.  

I am using the strategy right now and it works great for me, I'm with Brian Cardwell, I hope no one else uses the strategy.David Strange says it better"The reason to use the Heloc as opposed to cash is that the cash is gone and can never be used again so your paying down the loan but the cupboards are bare.

The method I am using is multivariate linear regression using the current rental listings out there, based on the number of bedrooms, bathrooms and the square footage!

I am using FHA financing on this one, so I will be living in it for a year, then renting it out, I project I will turn about $350+/month on this one once it's rented out.

A lot of people over priced their asking price to start with, to "test the market", in the last few months and half have  had to drop their prices to get sold or they simply go "off market" for lack of interest.So, I am using 90% of 3 current solds for figuring my ARV, that have sold in the neighborhood in the last 6 months.

I am using speech to text on my earbuds