I'm very interested in acquiring my first rental property and apply the brrrr method.

My reading and a fellow investor taught me that it starts with understanding the 70% Rule which is a quick rule of thumb that can be used to quickly analyze a rehab deal or wholesale deal by applying a 30% discount to the ARV (less repairs).70% Rule FormulaQuick analysis assumes profit and fixed cost will make up 30% of ARV(ARV * 70%) - Repairs = Rehabber’s MPPDetailed analysis breaks the 15% into a detailed itemized list...ARV - Repairs - Purchase Costs - Holding Costs - Selling Costs - Profit = Rehabber’s MPPThen, in order to determine Wholesalers Maximum Allowable Offer you would use the following formula:MAO = Rehabber's MPP - Wholesale ProfitWhat I need to be able to do is use the Max Purchase Price formula (detailed analysis) in order to calculate a more accurate MPP.

Properties must cash flow from day 1Overall goal is diversification of income, enough to where rental income could potentially replace W2 income in the far future (we aren't looking to quit our day jobs, and for that reason this will need to be mostly passive in nature). 

If you overpay, you can either request a refund when you file, or you can simply apply it to your 2019 taxes.

In order to apply for these licenses we need to have the real estate first but most people won't lease to cannabis businesses because they fear their bank will call their note. 

Kill the mold, clean the tub and walls, sand lightly with 200 grit, apply two coats of STX Bonding Primer and two coats of Rust-Oleum Tub and Tile Refinishing. 

I inherited a vacant unit upon purchase and excitedly accepted the first tenant that applied.

I inherited a vacant unit upon purchase and excitedly accepted the first tenant that applied.

I looked around to see if this question has already been posted but couldn't find anything.I know a lot of people say that painting brick is a bad idea since you have to re-apply paint every ten years or whatever.

Banks, Down Payments, hits on your personal credit every time you apply ?