Since the BRRRR method is designed to limit your out of pocket you should only be coming out of pocket a NOMINAL amount. 

I employ the BRRRR method so most properties have had extensive rehab.

I really like the idea and concept of the BRRRR method but it seems like it might be difficult to pull off on a long distance property while working full time. 

What I ultimately decided to do was to go out of NYC to Indianapolis, not as close as @Scott Wolf in Dutchess County but similar methods/systems that you'll need if you're to invest out of your own market.A little over 2 years later, I have 5 rentals out of state, and hopefully #6 that's pending will have no issues to close and I'm closing on my co-op in Queens (all at the same time).

Hi, I'm interested to hear some recommendations on what people think is the most effective method for acquiring a seller financing deal on a commercial sized property (5+ unites) in the Jacksconville, FL area.

I don't believe prehab is the ideal method to build your systems around and we think it will only work on some of our investments in this area.

Virtual assistants are a great low-cost method for remote property management work.

I would definitely agree with Brandon Turner's method.

I've also considered house flipping as a method of starting my REI journey to try to raise capital to aquire rental properties.

I'm moving methodically and working with a trusted realtor, financial planner, and my bank of 15 years.