There are subtle advantages to the BRRR concept, and @Lesley Resnick has nailed one of them - that profit gap that the flippers can't get excited about.There are other advantages too:  Say you can find a home on the 1% rule on the market. (1k rent, 100k purchase). 

I just read a book that had a great concept, the subtle art of not giving a F***, and it describes that the people are successful in the business are the ones that are excited about the process and the rest comes with that passion.

It all looks fairly flat but I know it can be subtle. 

More subtle though is these properties likely have rent growth that does not keep up with inflation.  

There are a number of ways to approach the relationship but the two general categories you will see are cost plus or GMP/Fixed (some subtle differences between GMP/Fixed but for the purpose of this subject they can be grouped together).

@keleisha Carter, I think as you do your research, you will find some subtle and then some big differences in companies and what you are looking for.

Next unit I told the contractor to salvage the wood, and his workers destroyed it because they were incapable of such slow subtle work.

I once read a book called "The Subtle Are of Not Giving a F@#$".

Sam Zelle’s book Am I Being Too Subtle?

Once you add in the variations and the subtle nuances, you may literally have hundreds if not thousands of different trusts.