Purchased in 2017 for $305K, refi in 2020 for $236K at 3.25%, current value = $450K. 

I purchased a Lifesmart LS350DX 5 person 28 jet hot tub with an ozonator.

I can't tell you how many investors I know, that keep a HELOC on hand in case a property comes up that they want to quickly purchase.

Purchase price: $85,000 Cash invested: $150,000 Contributors: Hannah Holland BRRRR in a small pocket of SFHs that is surrounded by commercial near downtown, therefore our lot is zoned commercial, not ideal for pulling out as much cash as possible, BUT due to Weatherford STR regulations, I am now eligible to STR this "commercial" property.

My wife is more open to purchasing a single-family home instead where we keep our current home and rent both units.

Purchase price: $735,000 Cash invested: $1,060,000 Sale price: $2,825,000 Single Family Home New Construction project in Sherman Oaks.

I purchased a townhome last year in Nevada & I have tenants who are paying off the mortgage. 

I talked about the first purchase in bigger Pockets Podcast #82. 

If you wait at least 90 says from the purchase date - the options tend to open up for better rates and lower cost.

As you mentioned, an agent is one of the four but you also want to focus on curating trusted relationships with a contractor, PM, and lender (espeically one who can help start to finish with the purchase/rehab and refinance).