Hi all, First steps out of the gate here, and I just wanted to get some input from the folks here that have been doing this for awhile.I came across BP too late in the game and had already purchased a SFR.

If you are trying to house hack then it might be difficult to get into a property right out of the gates that you break even on.

  ( Douglas Ranch).. its owned by a B guy from Denver he owns the Denver avalanche and i think might have married a Walton.So we get word he is coming to the lodge for dinner.. and oh man you should have seen the staff.. but what happened was his security team came in that morning for a sweep.. and this is a lodge on a 500k acre ranch.. behind locked gates. 

If you come across any prospective creditor who approves based on score alone, please let the group know.Once you get past the score "gate keeper",  then the content of your credit profile comes into play.

@Will Gates Interesting.

Buying several stable properties with high cash flow out of the gates will probably balance out to make as much financial sense as the equity earned in one or two BRRR deals because the equity in the BRRR deals will probably be cancelled out by vacancy losses and opportunity cost. 

With the right relationships you will have everything you need to get started... without them your chances of failing before you get out of the gate are exponentially greater.  

In a business where recommendations and reputation are the source of the next deal it's important to me to be fair out of the gate.

@Will Gates, @Jim K., @Travis Henry I love all the perspectives!

In terms of improvements on the property, I had a wrought iron gate/fence installed, security cameras, and glass shower doors.