We just last week sent out leases and rent increases with a schedule to get them all up to FMV by next year, which is more than double for most of the properties.

❌ Previous Rent: $1,100✅ Post Reno Rent: $2,000 (plus utilities)Original Underwriting: $1,900$900 monthly rent increase$10,800 additional income per year (excluding utilities)We spent $35,000 for a premium level renovation.= 30.8% return on investment (ROI)We target an ROI between 25% - 35%.

That will greatly increase the odds of them giving you a serious bid and taking the time to do it without getting annoyed with you.

Then, the permits taking longer than expected, the repairs budget going to the roof, getting new GCs, the property taxes increase, using the wrong debt and investing alone.

I am focusing on the brrrr exit strategy as well but I guess I should have also mentioned that I am also interested in commercial real estate investing as well mainly apartment buildings since I can utilize forced appreciation better with increasing my NOISo I guess my question really is this...

And  as high as they will borrow you to cash out of some your equity but increase holding costs) As well as put some cash in your pocket. 

There are a few things you can do to increase your conversion rate such as filtering out recent purchases (look at hold periods greater than 5 years) and looking for properties where it looks like the owner is asleep at the wheal (unkept grounds, low occupancy, poor reviews etc..). 

Demonstrating strong cash flow from the property increases the likelihood of securing financing at competitive rates.Investment Analysis: Investors and developers use DSCR to evaluate the financial viability of potential real estate investments.

I would say that you should when making an investment into a house you should always be looking to put down as little as possible to increase your ROI.

Colorado is a solidly blue state now, used to be purplish, but we're still better than every other state in every way (most consistent appreciation, increasing rents, population growth, recreation opportunities, moderate climate, recession-proof jobs in diverse industries, desirability, affordability, landlord friendly laws, the list goes on...).