Excellent comments above.

Moreover, working with lenders to refinance successfully is crucial to making this strategy work.BRRR isn’t a get-rich-quick scheme, but it’s an excellent long-term strategy for building wealth if executed properly.

I can see VRBO trying to protect their brand and set a bar of excellence with this.However, it also makes you wonder if they are being rated accurately. 

Most PM software won't be worth the cost at this point depending on your budget.At this stage, a good ole Excel/Google Sheet will do for keeping up with your income/expenses.

Excellent guide!

However, it can be an excellent exit strategy to offload a property, diversify your portfolio away from real estate, or cash in on your investment.2.

I agree with @Chris Seveney that Del Ray would be an excellent place to do this.

I’m not sure which one is the most realistic.BP Rental Property Calculator Rental Calculator: https://www.calculator.net/rental-property-calculator.htmlWealth Optimizer: https://www.rpmengage.com/wealth-optimizer Zillow: https://www.zillow.com/rental-manager/resources/rental-prope...In addition to the ones listed above, I’ve also downloaded Excel spreadsheets from a couple of other sources.

However, I would write down in an excel sheet all of them and process that go into a rehab and do a estimation column and write-down those numbers. 

and it's not that anywhere is "saturated," it's that prices AND rates are high.or as @Travis Timmons said - a creative niche that you excel in will cashflow.