We bought our first 100+ year old house as newlyweds (read: naive children) in 1998 and have lived in and renovated several since, selling for a decent profit each time and learning how to do things like remove milk paint, do plumbing and wiring, and jack up a porch to replace failing beams.

I would love to ask questions and get more involved.I have slowly been buying rental properties for the past five years using the old fashioned and conservative method.

I've seen this many times where people have to defend their method because they put money down and want to try to act as if that puts them in some position of propriety over people who they mistakenly believe can't or need to.

Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 deductible when a problem arises has been well worth the money for me over the last few years.

If you follow this method, you'll continue to build without actually spending any money.Now, with all this said, after the refis, each property must still cash flow at a minimum (decided by you...mine is 300/month).  

Go to Open Houses and look at the homes, and pay attention to the age of the home, construction (old, remodeled, etc.) appliances, lighting (electrical) plumbing fixtures, etc.

. *** I may have just answered my own question ***None the less, it will be interesting to read the feedback that this conversation get's and or questions.Hey Darieal,Question #1: Have you and your partner discussed a method to utilize within your partnership?

So in the future I can do the  BRRR method.  

I would like to keep the small reserve fund that I have, so I would like to pursue some creative financing methods such as lease option, seller financing etc.  

I do not believe I'm crossing the line in regard to how I teach my method.