It's about understanding how recycling capital can exponentially grow wealth, when combined with cash flow, appreciation, and shopping smart. 

And of course investors are worried about bubbles and declining prices that happen in RE cycles. 

I think the idea with BRRRR is to recycle the downpayment money fast like in 90 to 120 days.

If the refrigerator breaks after the 5 years, I recycle it and start all over.Since I was in the laundromat business a few years back, I wouldn't recommend a washer and dryer. 

The goal is to recycle your money and keep using the same money to build your portfolio, which will not be possible if your numbers are not right.The local banks do not always have seasoning requirements so that you can begin the process of a cash out refi as soon as you have a tenant in place. 

@Mark Creason I definitely think parts of Oak Cliff will be golden for development on the next RE cycle.

The good news is that I think you're allowed to use recycled paper or cardboard for vents and drains in CA

snif snif....i smell Benjamins heheMay be recycling all the junks might give you $100 :) Keep looking

That said some have done well investing in cheap condos.If you are really interested in recycling funds while building a portfolio consider fix to rent deals with a cashout refi once the property is rented.

What about taking a step back and re assessing your project list and budget with your new knowledge and info, then get back at it like an Alaskan and find a way to get it done, whether by duct tape, tarps, or recycled material.