Would you target value add plays?

I was fortunate to find this site a few months ago and have been assimilating the abundance of information and admit, I’m guilty of the podcasts playing almost all hours I’m awake!

Any insight into how BAH might play into investing?

I’ve seen this play a few different ways and wanted to lay out a few different options.

Hey @Greg Jackson, I am looking, but I'm discontinued by flipping work in my home market and am seeking a new niche to play in. 

We spent a little less than 2 months renovating the property: Brand new roofRemodeled all of the bathroomsAdded a boat PierRepaved the driveway Striped a basketball courtPainted the entire interiorFurnished the Property& much more!

We spent a little less than 2 months renovating the property: Brand new roof, Remodeled all of the bathrooms, Added a boat Pier, Repaved the driveway, Striped a basketball court, Painted the entire inter How did you finance this deal?

It has both the main house, guest house, and a basketball court.

But as a diversification play - I like that it's bricks, not paper.  

Capex is wildly variable, but I'd go with at least 3.5%, playing off the 27.5-year depreciation rate for residential properties...but that's only AFTER the initial period, over a very, very long period, if you are tightly controlling costs. 10% is more reasonable, and some years, especially early on with delayed maintenance, it'll probably be 100%+.