Feel free to reach out and we can give you information on our experience.

Quote from @Stuart Udis: ....But I set the goal of acquiring 50 doors in the next 3 years using the BRRRR method and will then be financially free...isn't that a scalable business :)We see the above type comments from not so experienced investors or business owners all the time being posted on BP.  

@Martti Eckert I live in Los Angeles and have done a handful of BRRRRs in Missouri so feel free to reach out with any lending related questions to pulling off BRRRRs in Ohio. 

In either case, feel free to reach out as this is certainly something I can help with.  

In the Bigger Pockets free book, "Real Estate Rewind", as one of the 11 co-authors I wrote about one such Tax Sale purchase and made money but not enough money to warrant the risk involved.

In your scenario you'd have a potential tax event on that $200K difference.Here's a creative way to access most of that money tax free however. 

My sister lives in Houston and has free time so I did briefly look into it last year and did not really love what I saw. 

Check out FilePlace, where user-created forms are available for free.

Start with BiggerPockets Ultimate Beginners Guide (free).

Feel free to reach out if you need any recommendations or assistance with your projects.