@Blake Yarbrough If you can structure the deal where you get the 80% financing with good terms and rate in place and it is a good deal meaning under contract with good terms, purchase price under market value and also being the asset and property manager.

Consider market considerations like Texas, New York, and Arkansas for informed decisions.

Just some food for thought.What market are you in?

It drops market price. 

It's an expensive market and will require a creative strategy. 

That would be an interesting market to start off in for a BRRR property since I'll have eyes out there and have a decent grasp on the market in that area. 

I'm currently in the market for partners/investors for deals I have in the pipeline.  

I plan to hire PM company to handle the day to day operations, marketing and tenant screening.Thanks,David

I feel like lenders can read through an P&L that might not be technically correct, because you can explain that "project ABC is underway, I'm down $100k on it, but it's set to hit the market in June and we're going to sell it for XYZ."   

I'd love to connect and learn about the market.Context: I own a STR/MTR management company in Los Angeles and we're considering expanding to a market friendlier for STRs.