People are figuring out that it takes more than market rents to maintain the home's expenses & structure and pay down the mortgage - eventually. 

I know people use all kinds of methods and formulas and all kinds of acronyms to try to figure out if you're getting a good deal! 

Sean Carroll Hmm. here is my structure for my contractors:1.

More so moved and kept the home for some cashflow during a move and doesn't need the property anymore.The deal thing:Purchase would be done $2500 down w/ $250/month x 120 months=$32500Selling exit strategy would be structured as a rent to own $5000 down w/ $650/month for 10 years. netting me positive $2500 to start, then cashflow after expenses. 

A CPA specializing in real estate can help you FIRST AND FOREMOST  structure the purchase and SECOND, reflect it on your return.For instance:Why are you depreciating everything for 27.5 years?

Before we got prequalified I had a long conversation with our lender about our plan, which is basically to follow the BRRRR method.

My name is Mitchell and I am a civil engineer with a structural engineering background from Placerville, CA.

@David O'Larey, if time is on your side then why not structure so you get to do both. - Leverage and save on taxes.I think your idea of buying one property for cash is splendid. 

Looking for people that have been able to provide you with quick turnarounds for structural engineered drawings in the state of Florida.Thank you!

One mistake I made due to having enough money to spare when first starting: My chosen marketing method for getting motivated seller leads was direct mail, and I spent a small fortune on that without really tracking and evaluating the marketing ROI, tweaking accordingly, and trying a different version.