That being said, numerous investors treat time as though it's infinite, when it needs to be treated as the extremely valuable/finite resource it is.

And don't fall victim to the theory that appreciation in hot markets is infinite, it's certainly been a good run but there will be barriers and push back in the coming years.

But Fed may just keep hitting enter on it's excel spreadsheet that can print an infinite amount of money.  

Purchase Price: $52,000.00  Cash Purchase Closing Costs: $250.00  Estimated Repairs: $1,000.00  Total Project Cost: $53,250.00  Appraisal/After Repair Value: $75,000.00    Total Cash Needed At Purchase: $53,250.00Refinance:Loan Amount: $55,500.00  Loan Fees: $2,500.00  Amortized Over: 15 years  Loan Interest Rate: 3.25%Monthly P&I: $389.98Total Cash Invested: $0.00IncomeRent $820.00Other $0.00Total $820.00Pre-Refinance Expenses Repairs $82.00 (10%) CapEx $82.00 (10%) Insurance $50.00 (6%) Property Taxes $150.00 (18%) Total $364.00 (44%)Post-Refinance Expenses Repairs $82.00 (10%) CapEx $82.00 (10%) Insurance $50.00 (6%)Property Taxes $150.00 (18%) Total $753.98 (92%P&I $389.98 (48%)Gives me this infinite return which I find fascinating. 

If houses are flying off the shelf, it may be worth reapproaching the offer from another angle. 

You may get infinite cash on cash returns but are at greatest risk of losing the asset in a down economy.What would you do with the money?

Most of my BRRRR projects have infinite returns since I don’t have any money remaining in the deal.  

I have been searching the  MLS for properties  but they are flying off the shelf very quickly (even ones that are way off from the 1% rule). 

Then it looks like the government in it's infinite wisdom, has restricted landlords from imposing the 2-person rule altogether in all cases, as a measure to stop landlords from making different rules for different applicants, instead of just finding the particular landlords in violation of fair housing laws and fining them.

Also hardware and doors and other little replacement items are odd sizes and so you may have a hard time buying off the shelf home depot products to make repairs.