@Jon Passow I feel like you've given great thought into finding ancient Egyptian gold lolTo answer the question, in that scenario where money is no object, I wouldn't BRRR.

Many crimes are committed with knives, blunt objects, and hands yet I doubt you would require tenants to register those items.

Small Balance Multi-Family (Under $1M) is a unique and fast pace market to keep up in so many markets addressed above.

This is a great question and definitely a very unique and rare situation.

In fact, the slower speed and higher degree of difficulty associated with obtaining SBA financing is due to the significant and unique hurdles the agency faces in conducting its business.

@Michael Tempel What's your objective?

If you don't have an accounting background, accounting for flipping can have some unique concepts that you wouldn't just know about from basic knowledge of "Income" and "Expenses". 

Dori I would agree as well with what everyone is saying here - greater CLE is unique by street and neighborhood and your appreciation rates will be ok but you may want to focus on the cash flow.I'm a real estate agent that specializes in working with investors and I am an investor myself. 

I’m not sure if Where you are has any unique rules on that.

It's all about your objectives, risk tolerance, and diversification of your portfolio.