Aim to increase your Operating Income by acquiring 3-4 units for the next purchase.

Also, I’ve read that aiming for an ARV of around 70-80% is ideal for BRRRR—does that align with your experience?

I'm currently leaning towards a 2-4 unit property and hope to buy this year - aiming for the next 90-120 days, if possible. 

Aim for 720+ for best rates, I suggest start building relationships with your local lenders.

For example, we have a minimum rent we're aiming for when we manage other properties because it's not worth it for us to manage a small property.The ideal client is someone who truly wants to be hands off and hire an expert to manage their MTR.

Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.

Our portfolio currently cash flows, but cash flow isn’t our top priority right now since we plan to use this portfolio to supplement our retirement in 12 years when I leave the Army.My biggest challenge is committing to an out-of-state market.

Quote from @Albert Gallucci: good to know but I am aiming for B or A.

We recently acquired our first commercial multifamily property, so I understand the transition you’re aiming for.

Just do your homework (I need to do this way better) and remember most successful investors aim for the 1% and at least 80% rule ARV... if you don't see this in the deal, they agreed to buy it too high or they are making too much profit.