Here are some of my thoughts overall on our strategy along with some opinions.1.

I love this site, but I think it promotes the idea that real estate done right is a sexy proposition -- owner financing, BRRR, off-market deals, blah blah blah.In reality, it's quite simple.

@Jorge F Rodriguez We went through this with our house, we would be negative on cash flow, but we weren't sure if it would still appreciate.

Our tenant's lease is up August 31st.

It can be quite subjective but based on our past experiences it has worked for us.

I'd build on an infill lot closer to downtown. you can get land within the downtown markets and construct multifamily properties through the same process and higher units and better floorplans. we just passed our first triplex in central ohio and are breaking ground in 3 weeks. 

Tax properties going up every year is pretty common up here in the Northeast (NY, NJ & PA); but our property values (tax basis) also go up slightly.

To add more context, we have owned this particular property free clear for a few years now and want to make this property our first BRRRR, however we've never worked with a private or hard money lender before.

We recently had guests stay and our checkout time is 11:00. 

This is because we make our money when we purchase a home.