My two sources are about the same in every way except interest rate and seasoning.31 day seasoning, 6.99%6 month seasoning 5.1%...so, I use both for each property to take advantage of each program's benefit. 

Thanks in advance to anyone who responds, I am sorry if these have been asked before in some older posts, just didn't find specific answers.

I am very interested in the BRRR method for all of my future purchases, but my local bank will not do cash out refi past mortgage 4, and also require 12 month seasoning regardless.  

All of them have rather old, outdated kitchens - chipped, broken linoleum tile, 70's style cabinets with minimal storage space, and older appliances.

Most of my time these days in consumed with real estate books and the BP podcast, however; when the season starts, I'm an avid duck hunter.  

I know you're a seasoned investor, so I just had to ask.

Any other advice from seasoned vets would be awesome.  

I'm usually able to find the answers to my questions by reading through older post.

From what I understand, Memphis has very great areas and very bad areas.It's good practice for an out of state investor to build a local team or partner with a seasoned investor in the area.

Students must live in campus approved housing for freshman and sophomore years, and junior and senior students with scholarships are also required to do so, however juniors and seniors without scholarships tell me they are anxious to live "off campus"Since apartment is one block from university, students can walk to campus, saving them parking permit fees.Additional income could be had by putting in coin laundry, soda/snack machines, and renting out storage units in basement as well as garage space.I have a friend that currently is the maintenance man for the entire university, and he is questioning students as to how much rent they are paying to live off campus currently.OPTIONS:  Rent furnished apartments to 4 students per two bedroom and two in basement unitRent furnished apartments to 4 students per two bedroom and create common area in basement for study/recreationRent all units unfurnishedOption to raise rents by including all furnishings, cable, wifi, cleaning service etc. with them simply paying rent and electric.FINANCINGtax value (not market value) 105,000Taxes $2,200 with no exemptionsProperty currently has a 30K mortgage left of a 55k loan previously taken out to "give first child his half"Owner, due to age is most interested in payments, and leaving remainder to 2nd child for "her half" Owner has expressed the following offer :30K to pay off current mortgage, and 250K to purchase an annuity that would pay $10K/year for his and his daughters lifetime.In its present state, I question whether the property is able to be financed FHA due to condition, though it is a solid building, the maintenance has been deferred.comps on property are practically non existent.MY SITUATION:I have perfect credit, and am about to flip a seasoned home with no mortgage and expect to clear approx. 70K.I am single, steady long term employment, and have no debt.I have a realtors license in inactive status, and have hands on experience with major property improvements.I am a "Dave Ramsey" girl, and debt makes me quiver...  :-)Note: Property is currently in a Life Estate Rev.