Therefore the BRRRR will take some time to have positive cash flow which is similar to the rent ready purchased with high LTV.It is a tougher market than a couple years ago.  

In advance: know what credit score, income, and equity are needed before you purchase to be able to achieve this every five years.

There are plenty of areas you can buy at a much lower price point and be cash flow positive and get you heading in the right direction.

Private lending is passive but in terms of taxes "ordinary income" and you cannot cancel out with passive losses that you get when you are an equity holder of real estate. 

My 1031 proceeds are half equity and half debt and I can not fund the debt component with any additional personal funds.  

Approach from a position of strength.

Of course, with private lenders, you will need to give up equity or a return on the debt.

I'd highly recommend local meetups and talking to real estate agents.There are companies that offer help with the execution of rentals and BRRRRs, but this typically comes with a large chunk of upfront fees or cut in equity.

Mostly clear assets with equity in the 8 figures, but no doubt can learn much from many here.   

In the last 9 months, I've added 8 doors and it has mostly been positive.