There are a few reasons for this.Most are not educated on importance of recycling and how much utilities actually cost.Most do not work so are home ALL the time.Since they are home they take care of relatives' kids during the week.The inspections are basic and straight forward.

I usually give my clients a bottle of Veuve Clicquot and a couple of flute glasses.

With a reasonable credit score there’s a lot of active asset based lenders at this juncture in the RE cycle.

However, I just found out one of the tenants who was on a month to month lease will be moving out September 1st (our move in date).So the question is:Do we use this opportunity to upgrade that unit which would include adding a sliding glass door in the kitchen, removing the wall separating the kitchen and living room, and tiling bathroom floors?

With a LOC you can also recycle those funds for multiple projects. 

Just click on the magnifying glass in upper right and learn why. 

Using the BRRR strategy you recycle the same cash over and over with multiple properties. 

recycle place? 

I've used the same funds from my first house-hack, and continue recycling (BRRRR) them each year to buy another, and another, etc, while I continue growing my rental portfolio out of province/state. 

Indeed, we could purchase some we’ve seen for cash but our goal is to use as little money as possible of our own and of course to recycle it over an over.We are faced with a decision, as we have plenty saved for a down payment, along with money for repairs or capital expenditures and holding costs.