I'm not in the Bay Area and have used the BRRR strategy once and soon to be a 2nd time (waiting on seasoning) so my return on initial investment is infinite even though I have about 90k in trapped equity in the first house.  

Also, try and find a lender that can do some no seasoned cash outs.

It's tax season again!!!

It's tax season again !!!

You bring up good points and the DTI question you have depends on how much income you personally bring to the table along with the net rental income from all your rental properties.When you leave your current home to the new home you could always obtain a lease agreement + a copy of the security deposit in order to use 75% of the gross rental income against your monthly mortgage payment.This will help you qualify when you convert the investment property into a primary occupant home (refi cash out).In order to refinance at market value you'll want to have atleast 6 months of title seasoning since you bought your investment property.

And know that we are due for a correction (or level off) in our market soon (won't tell it by this seller's season), call it just a gut feeling.

I would love to hear about any local meet up events and newbies or season members around my area.  

Like I said, I don't have much to offer seasoned investors from an investment standpoint, but could certainly help brainstorm and share some of my experience in multi family. 

.)- You manage everything, get the property rented and seasoned, and earn your sweat equity.

Scott Ramboz I line in NH so we get seasonal weather.