In what ways can you use the agent to be resourceful?

By offering real value in a way that has high demand, I’ve been able to build strong relationships with people who are actively doing deals.

When a lease ends they’ll suggest new rents and if the tenant hold be offered a renewal. some will offer to transfer utilities for you when it goes vacant, all should handle the transfer when a tenant moves in  With 10 properties I don’t “talk” to my PM more than 2-3 times a year.

The friend who shared this deal with us offered to provide the loan.

I agree with @Gregory Schwartz that as long as your eyes are open, you are asking good questions, you have resources and have surrounded yourself with a good agent and PM, take the leap and learn as you go.

I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!

Just like all aspects of life :) If you come across anyone needing help I created this website of free resources to share.

Some credit unions or local banks offer portfolio loans that don’t stick to the 4-unit limit, which could work well here.

The other quotes I received were often unreasonably high compared to other properties in my portfolio—sometimes exceeding my current carrier’s increased rate for this property while offering less coverage.

These strategies are honestly not in the realm of "passive investment" any more though as it takes many offers.2.