@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

(The power company in MN will offer you a chance to buy the warranty after the furnace/ac is broken and come back the next day to fix for free.)

Hey everyone,I’m considering BRRRR (Buy, Rehab, Rent, Refinance, Repeat) in Sacramento and wanted to hear from investors who have successfully executed this strategy in the last two years.

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

I feel as though your buy box puts you in a position for more flexibility. 

Yes, you could easily buy a fourplex in Colorado in 2012 with 3.5% down using an FHA loan.

@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Can someone explain something about the buy, borrow, die concept of avoiding income taxes? 

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.