Hey @Shawn Smith @Brandon TurnerThe BRRRR method is IRA friendly but only for the benefit of the IRA and only with your indirect involvement (decision making only).

Our intention is to buy it, rehab and rent it (BRRR method from what I understand).  

I know all (okay...probably less than half) of the methods like "drive for dollars", put up signs, yellow letters, etc type of methods to find deals.  

6) AC is system is dated 20067) Roof probably about 10 years old8) Plumbing is galvanized pipesSome will argue that many of these things don't need to be replaced because "if it ain't broke, don't fix it".  

I have bought timber ground in those areas and it took years to resell... just stick to your tried and true methods of buying deep discount.. check DOM for the area and don't over pay.

Hi All,I am currently looking to buy my first investment property, and I believe the owner occupancy method of acquiring rentals to be one of the most feasible methods.

Just to update, since then:  They missed a double charge from a plumbing company, I was actually charged 3x for the same issue, twice from the same company for the same job. 

Calculate the loan payment and you profit or cash on cash.Do any of you guys use this method?

This means that we have exhausted all traditional methods of softening a blow of recession.  

Indeed, some of the oldest properties in New York and places like it are the most expensive.You do need to be more concerned about things like foundation issues, galvanized plumbing, knob and tube wiring, etc.