Now I understand roughly how much a property will cash flow when I use it in conjunction with rentometer.com, Zillow rent estimates and Craigslist.Building relationships is an extreme necessary in this tutorial.This is the most difficult if you’re afraid to talk to people, but something that MUST be overcome if you wish to be successful.  

I don't know if I would go to that extreme, I would want my guests to at least have some running water and a bathroom.

Yes, you will have to make up the difference if it doesn't appraise, unless you're able to find a bank that will refinance at a higher LTV (90%) which might be extremely difficult to find. 

@Amir Khan yes he is being utilized as a cold caller prospecting direct to seller

It’s still in the beginning stages but the experience and knowledge I’m gaining as a business owner is extremely gratifying. 8) Overall built a sense of confidence when discussing anything around finance, my faith, marriage.

I want to complete the BRRRR strategy however prices in BC are FAR too extreme.

Thank you😊I cold call a lot in Columbus, Ohio. 

This can be intimidating at first, but also extremely rewarding.

BP advises people to do FHA all the time but they forget to mention the huge mortgage insurance you have to pay in more expensive coastal markets and how it's extremely difficult to get these offers accepted.

Start cold calling sellers off market and I’m sure you’ll start to learn from them as well as find some value in those off market properties, inherently you’re saving a 6% on commissions.