One of my friend has a MLS account and she told me this is what my place is worth.

Account Closed that's such as back and forth debate, with no one size fits all answer.

If you assume your BRRR property is in the same area appreciating at the same rate you are missing out on the benefits of leverage.There are a couple of wonky assumptions in here though.If you are really doing a BRRR I don't see where you are accounting for the "renovate" part of it.

After P&I, taxes, insurance and $100 into bank account we split $200 cashflow.

Still account for maitenance and vacancies as you would see on the other units of the property but the goal would be for you to move on to another one at some point and of course you can always stay there if you want.

@Joe Splitrock I'm actually pending a call with my accountant regards the rental home and how that's looked at from a tax perspective.

Yes, Home Depot has a bid room for Pro accounts and anything over I believe $2500 can go through the bid room.We are picking finishes for a 284 unit deal we are closing in a few weeks and looking at ordering via HD Supply.Some items we may source directly from the manufacturer in China.

I have ~65K in cash, 11K in a Roth IRA(which I dont really want to pull out) and ~54K between my savings and brokerage account.

Originally posted by Account Closed:I am currently working on my first seller finance deal and I'm trying to figure out some creative ways for an exit strategy.

Account Closed I would think NO.If the law says (and hopefully your lease) that he has to give 30 days notice and he did not then he is not entitled to the deposit.I would confirm this with a local attorney to confirm.