But realizing it may be difficult to sell a lot with just a foundation, we wonder if we would be making an error or missing an opportunity.

However, given current market conditions, sourcing and acquiring BRRRR deals is difficult.

A few of my clients will find deals at discounted price with quite a bit of equity in them, then use the HML to take it down then sell it immediately at a premium, often before their first HML payment ever becomes due.Just a few things that I see people do.  

This will be difficult to find for cheap. 

Not only for myself but have clients looking too. 

Also, check with the property managers and ask if you can interview 2-3 current clients of theirs.

And while i haven't seen it reflected in the monthly reports, from helping some house hacking clients and some other first-time buyers in Denver lately, I can feel the market heating up -- more homes going in the first weekend, more going for over asking, more multiple offer situation. if you're breaking even, then great.

Not sure about Florida but it can be difficult and expensive to find landing spots for an RV extended periods of time. 

The problem is in California it seems very difficult to find a good deal where I could eventually cashflow.

Purchase price: $50,000 Cash invested: $60,000 Sale price: $170,000 Found an off-market property that none of my investor clients were interested in or able to purchase at the time and bought it for a fair price with cash.