That's very good to know, as I'm also contemplating a 203K for my next acquisition.

I contemplated the idea of just changing the design concept to have it be attached to the main home, but even in that scenario, the explicit CCR's against even renting one room seemed too controlling to be sane, considering that if this worked as we wanted, there were like 200 other nearly identical situations with lots with homes in that neighborhood that we would have just wanted to rinse and repeat that strategy.

I’m contemplating between forcing a 6/4 or a 5/5.

However, one taught I have been contemplating, is a lease-option; wherein, I would deposit US$9,000 as option fee, and make monthly payments of US$5000 per month for 60 months, then refinance balance of US$600,000 from the bank or private lender after analyzing the long-term earning potential as a villa.

I agree with @Andrew Postell, when contemplating a BRRRR it's VERY important to talk to your refi lender about what you plan to do BEFORE you buy the property.

I don't contemplate why I sleep late or use every vacant hour I have to do real estate.

I’m contemplating Fort Lauderdale because I have an acquaintance that does real estate investing there.Nice to meet you all!

Since my new company's match is so small, I'm contemplating no 401K contributions through my new company.

Being within a 2 hour drive of San Francisco has me contemplating how the market out here would react if California ever finishes the high speed rail that has been in planning.

I would lose the $1000/mo in cash flow, but not have any additional liabilities.I am really racking my brain here, and am ready to hear from all of you who have been there before contemplating, your "1st big deal."