ONce you put a rental on your return and it has an accounting method in place, you can't go back and change it. 

The truth is most methods work - cold call, direct mail, referral programs, driving for dollars, etc.

Just curios, are you doing the BRRRR method on this property?

Chris,For the large multi family investments, I want to see the deal pack first so I can screen for location, project class, projected cash on cash and IRR, and proposed value add method. 

It sounds like you're taking a thoughtful approach to real estate, and the BRRRR method could be a great fit for you as it aligns with your goal of generating passive income.

We ended up moving several times around Southern California  while growing up as my parents employed what we now call the BRRR method.  

@Austin Bright Over the past three years, I’ve been using most of the major off-market techniques.Of all the methods, texting has been a double-edged sword.

I call it the BRR"R"RR method, where the extra R is waiting for the Rate drop.

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

Also, get leads on the phone as a first method of contact if you can.