Re-evaluate each year to see if your goals should change with the market / your situation.Is this deal worth it?

So property taxes not the only metric but important to consider and evaluate.

In 2020, I want to share my experience with the Bigger Pockets Community of finding, vetting and (hopefully) acquiring 50 units.
The new decade did not start off the way I envisioned it. My team and I had a 25 unit a...

I am comfortable with paying progressively higher fees to a sponsor that out performs which is the example that @Enrique Huerta has highlighted.Also, the LP typically own’s all of the equity and the promote is an allocation of cashflow or returns so not technically an allocation of equity in the deal.

The Realtor I'm working with is great, and on our most recent BRRRR, I feel like I underpaid him for the amount of work he did (particularly for the extra effort and work he did after the acquisition - communication with the contractor, photos, status/progress updates, market analysis). 

Search for deal and use the calculator to evaluate a few deals to get accustomed9.

Can you consider not increasing the loan balance to further boost your cashflow2) Evaluate market rents by talking to brokers and looking on sites like renotmeter.com and if your tenants are below market you can have a conversation that brings their rent up but still keeps them in the property.

Looking forward to seeing your progress and results with BRRRR. 

But you need to understand the process, and that takes some education.You don't have to be an expert in everything, but you do need to know the basics to get started.I found that along the way (which so far is a very short path for me), I found there were things that were preventing me from making progress. 

If you can keep getting paid and make slow progress catching up that’s your best scenario.