.- If the house was only worth $80k after renos, you were not able to get the forced appreciation, which is a key component of the BRRR.- You were only able to get $56k back from the original purchase (-$14k), add in repairs ($23k), should be -$37k.I appreciate your honesty and openness.

Our preference is funds that have geographic focus, pre-defined projects and a sponsor with deep experience investing in those projects and markets.  

It's broken out into six steps known as the CPR Lending System with a pre-step (Calculate and Evaluate) to help you define your own lending criteria and personal/financial goals before diving head first.

Everyone has different goals and investment criteria, so this is not a one size fit all kind of situation.I will suggest that you clearly define what you what and do some research then go from there.

@Tony Murphy , If the tenant has lived in the property for X days (as defined by your state's landlord tenant laws) then regardless of whether or not they're on the lease, they have rights.

Or is that an individualized component of your loan terms?

Define partner.   

Such a key component in the process that often gets overlooked.

., the monthly payment component of the yield calculation should be reduced by the monthly servicing fee. 

@Jeremy Willis you need to define your destination first, then map your route to reach it.Let's say you want to earn $10,000 a month to ensure you are financially free forever.