Texas (both easy eviction process and relaxed laws)2.

Eventually as you work with someone over a long period of time, you'll learn what to expect from each other and can relax on the formalities.

Also the BRRR technique has fierce competition in the Lehigh Valley. 

Not rocket science but such a powerful technique!

And finally, should we keep up this pace or should we relax? 

The borrower is billed for the amount that is actually borrowed plus any interest due.right of first refusalA provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he or she offers it for sale or lease to others.right of ingress or egressThe right to enter or leave designated premises.right of survivorshipIn joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant.sale-leasebackA technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller.second mortgageA mortgage that has a lien position subordinate to the first mortgage.secondary marketThe buying and selling of existing mortgages, usually as part of a "pool" of mortgages.secured loanA loan that is backed by collateral.securityThe property that will be pledged as collateral for a loan.seller carry-backAn agreement in which the owner of a property provides financing, often in combination with an assumable mortgage.servicerAn organization that collects principal and interest payments from borrowers and manages borrowers' escrow accounts.

I just make sure the numbers work and sit back and relax and wait well my tenants pay off my mortgage and then my cash monthly will go thru the roof.  

This is just the latest in an arduous process, to find the deal under market value on the land, rezone it to multifamily district (long and costly process), permit a six suite rental (difficult with many technical fire code and structural engineering challenges), build the units (using all my experience in home building and every possible favour and technique learned over the years to project manage), get financing to finish construction (from a private lender after the bank lenders totally dried up on this type of financing), and pre lease the units while under construction to quality tenants.  

Very relaxing at a fraction of the cost. 

Everybody needs to relax