My purpose is to do this while helping others along the way; I will be free so that I can do what I love (architectural design) and help others in need. 

Your credit will take a massive hit which may not be worth the interest savings of 18months compared with potentially worse terms on a new mortgage down the road (some lenders give rate discounts tiered with credit scores).I did exactly what you are proposing and have been wondering if I should just pay it all back. 

So make sure you're not comparing a 5 YR IRR to a 3 YR IRR, because that's a huge difference on these value-add projects that bump up the shorter term IRR. 

Comparable to ours.

I know I should break it out, but there were the general categories that the couple of GC's gave me and I combined them to compare.

So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right now.)

@Medi Sarwary I can share with you my experiance doing the BRRRR method (Actually I do a slight variation, the BARRRR method (A=Advertise, you do this for tax write of purposes if needed to write off more of the rehab cost right away.

Assuming it should be in an LLC for liability purposes, then how is anyone doing the BRRRR strategy here?

I doubt students will matter one way or another, if you are talking about college students, but you can't claim a house is your primary residence for insurance purposes and then move and rent to other people.

I wrote the above for informational purposes.