Buy: Finding the Right PropertyThe first step in the BRRRR method is to purchase a property.

(Not just cash at closing but sales price minus selling costs, minus purchase price, minus improvements.)

@Augusta Owens if you are looking in the DFW metroplex, viable tris and quads are harder to come by.

Quote from @Rou Odab: Some of these things would come up on a home inspection, but since we are past that I would do a couple of things.

It has come up quite a bit, still is a bit dangerous but appears to have plenty of room for improvement and appreciation.

Quote from @Scott Mac: Can the staff force you to do that or hold you up in some way?

We are sending our prayers for those suffering up in LA.

Perhaps you could get $1250 for a room if the unit was furnished...just an idea.  

That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.  

I think the first place to start is evaluating quality deals.