Local market economic conditions. 

@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.

Your great credit, cash in checking and savings, and property ready to cash flow are the basic conditions to qualify.

I will take on all the risk whilst always making sure the property is in a selling condition at all times and professionally cleaned and maintained, and if there's any damages my insurance would cover it.

How would 7% interest rates in 2025 effect the market conditions for you?

Focus on cash flow, leverage financing smartly, and structure your deals to remain flexible under varying tax conditions.

And we rarely need to use them.Tenants sign and initial each page of the condition report at signing, we quickly go through the property and let them take as long as they want.Ideally at move out they would sign the condition report, but this is nor normally done. 

I really liked the condition of the property plus the seller financing helped seal the deal.

The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).

Also, make sure there aren't additional restrictions on the property condition, compared to a conventional loan.