Because without their support, the chances of you failing in the long run are astronomically high.On to the second step, by all means, work towards BRRRR as a strategy. 

I think I missed the boat in the last couple of years with the astronomical appreciation that our region has experienced, I will be curious to see where the dust settles in 2023 with home prices; I assume they will depreciate, but not by much. 

We have sellers asking for astronomical prices because they have a view but based of revenue I do not see how they are making the returns promised by some Selling Agents.

my san francisco home of ~30 years is about to close (under contract for ~$2M+) and i need to shelter about half for a 1031, since we rented the downstairs & the cottage. the SF home is ~95% paid off, so i'll have about $900k for the 1031 and about the same in cash. my wife and i will use our $500k homeowners exemption to offset the tax hit for the non-rental portion. i'm now living in marin county, near my primary care medical office, but home prices here are astronomic compared w/ elsewhere. i won't have time to do the management myself (even locally) for quite a while, so i'll need somebody to do that, whether i buy locally or not. the only RE investment i've ever made is the SF house in the 1980s, which i bought for about a fifth of the purchase price. but since i won't be practicing forever, and don't have much saved, i'll be relying on the ~1.8M+ as retirement income someday. needless to say, the free clinic didn't offer a 401k ;^) triple nets seem a little scary, since i don't have a feel for them. my dad was a contractor, and i helped him take care of tenants in the few small MF buildings he built, and i've been a landlord (for the tenants in my SF house).

@Brandon Capelle they do a point repair...I'd push back...I've talked to a few property owners that were pushed around and forced to replace lines at astronomical costs when lining was the solution.

If you buy property in a small town, I haven't seen many property values go up so astronomically.... unless there's demand and development in the small town (then it's no longer a small town to me).

Real estate investing is nothing close to some get rich quick gig and it's an astronomical degree of hard work.

That isn’t always what’s best for the landlord or the property but I felt it was necessary as construction costs, particularly plumbing are astronomical in my area.

Price it astronomically high.

Anything at a Vail resort or similar will be astronomical in price as far as homes go.