If you're like me and don't, not even a little bit, the stress and risk and headache that would come with doing a BRRRR would by no means be worth the higher monetary return. 

YOU ARE CORRECT - - date of death should be the date of the appraisal;  it's stinks that this occurs at such a stressful time. 

But:long version:-you need to be a people's person-you need to not stress a lot-you need to look long-term (10-20 years)-you need to know the locale street by street/block by block- you need to know the neighbors-you need to know the local HA (make or break!!!)

I will only go after a deal with 15k or more by conservative measuresbecause I would rather do fewer deals with higher margin than more details with high stress lowmargins.

Being a salesman and the sole provider for my family, the stress of constantly performing is pretty high.  

(Dad refused to wait for me to inheirit it, because of the stress of it. )Anyway, what % will the gains be taxed at?  

"B" clients will be the ones that pay on time, most of the time, and cause some additional stress.  

Luckily I have a great title company and although it got stressful everything worked out.

Preparing yourself for this now will save you time stressing out about it in the future.Also take the time NOW to read and study the steps for eviction in Florida.  

In the last couple of years, I've read quite a few books and done research that leads me to believe that asset diversification and annual portfolo rebalancing are keys to a stable way of growing significant wealth over time without extra stress or using excess energy.I have some SDIRA invested in non-performing and reperforming notes but I don't like it that I accumulate small chunks of cash that I can't reinvest right away.