Thank you again.If you can walk it with the contractor, that would be my #1 recommendation.As a distant second, you could gather up all the photos and vids you have and just send those to your contractor to get their high-level estimate.But, you want #1, not just because it's more accurate, but also because you get to ask your contractor questions as they walk the property to better understand what they are looking for!

Once you're ready for the next purchase you will have experience, solid systems, and the confidence to tackle a bigger project like a BRRRR.

I've been trying to go through the presentation to understand it a bit more but having not experienced it myself, I'd love to hear other people's opinions on this subject.What are your thoughts?

I understand.

@Ryan Holtz the Midwest offers many cities that will lead to cashflow on a purchase with 20-2% down.The challenge is YOU understanding the differences between Class A, B & C, so you invest wisely and your expectations are met.You'll probably want to target Class B or C for cashflow, but make SURE you understand the pro & con differences.

I know that a lot of newer investors have trouble understanding the rental license process in Philadelphia and what must be done. 

Dan Mckee with Key Renter is also super solid.

Make sure you do your homework on the turnkey provider, and ensure they have a solid, positive track record.

I have several question regarding this situation, mainly just looking for a rough roadmap of where to proceed from here and to learn some more information to get a better understanding of the process.

I am trying to understand if it's a good idea to go with this plan, let's say get a fully stabilized property for $3m with a down of $600k +- light rehab budget and slowly (within 18-24m) using the cash flow and extra funds make a BRRRR at large scale.