Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

Hopefully they will get caught and never steal peoples money againHi Sandy,I’m out $20K+ because of them, and as a self-employed single Mum of two teenaged girls, this is a huge blow.

Lastly, we'll need a closing attorney who can close quickly and as inexpensively as possible.Any recommendations are much appreciated! 

That’s a 10% increase compared to last year and a 1.2% bump from November.

@Diego L.That's actually an interesting situation and a case where revocable trust may make sense.

There are more factors than just the community (#beds, level of theming, location to the amenities, style of home (single family, townhome, condo) and others) But I would strongly advise to stay within some of the same communities you mentioned like Storey Lake, Windsor Hills, Championsgate and a few others if cash flow is your goal.

The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.

However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

RW discovered that most clients shop with a "what are the monthly management fees" approach and not a "what are all of your revenue streams" approach.RW competes with a very competitive flat monthly management fee but then charges a minimum of 1 full month's rent for leasing and a host of other fees.