There's almost no rentals in the neighborhood I'm searching in.If our strategy is BRRRR - is it a good thing that there's a low number of rentals in the area?

Choose the right investment strategy, considering factors like property type and ongoing maintenance needs.

What are you trying to accomplish with your strategy?

Depending on the type of strategy and the financing, reserves can also differ - whether it's a short-term rental, mid-term rental, conventional, DSCR, etc.In general it would be:downpayment + appraisal + title fee + escrow fee and prepaid + lender's feeFor rentals, you would usually be required to have cash on reserves for a certain number of months worth of PITI - typically anywhere from 3-12 months.

Remember that guy on here whose strategy was renting abandoned property and going for adverse possession to take ownership?

That sounds like an interesting strategy.

Let's deep dive into how an SDIRA can revolutionize your wealth-building strategy.

@Andy WuBRRRR is a fine strategy, but it is not a cash flow strategy. 

@Bria Johnson Cold calling is fine and all, but, pursuing only one such marketing strategy won't get you far in the long run.

It depends on how much you want to spend as well and what rental strategy you want to use.