This way you don't need any loans, you get to grow your equity/experience/income with every house, and the passive investors get your time/dedication/growing expertise/energy/and an inflation resistant investment. people want good investments, the Horse, but they mostly judge that by the earnestness/ambition/expertise of the Jockey. good luck :)

Surrendering the policy early can result in substantial surrender charges and a loss of the death benefit.Tax Implications: While the policy's cash value grows tax-deferred, policyholders must be cautious of the potential tax consequences of a policy lapse or surrender.

Like others have mentioned this is harder than ever with interest rates where they are, but you'll also be able to refinance when interest rates drop.  12 months later (Again this is a rose-colored glasses situation) you'll have access to another 50k from your TSP and potentially a HELOC from the property you purchased, now you have a pile of cash you can use to buy other BRRRRs.

I have never nor will ever use a price per square foot calculation to determine rehab cost.

If the city, county, state, or even federal government is ever in a situation where they can't pay... then we have bigger problems at hand lol! 

For what ever reason i stopped getting notifications on this topic, My tenant eventually vacated during the bankruptcy.

@Derek Tuohy I would suggest start working on getting a Bookkeeper on your team and use a software, if you plan to grow it will be easier and cheaper to get into a software now rather than later and have to learn with 20 units rather than learn with the 3 you have.I agree with @Jake Baker on his bare minimum suggestions.

I was told it was much easier to have me as trustee so if I ever need to foreclose I can accelerate the foreclosure.

Most of the cash-on-cash returns I'm seeing when calculating even modest management fees and repair/reserve stowaways seem to be consistently in the 4-6% range for COC, and that's assuming no big surprise expenses that affect cashflow. 3b) Even 50 miles outside of Atlanta like Dawsonville, Cumming, Matt areas are expensive for a modest home in areas that have room to grow and don't suffer from being a food desert (you know what areas of the city and metro area I'm talking about).

In the grand scheme of things it would be a small cost to fix their mistake, and instead they have turned off a loyal customer from ever using or recommending their services again.