You can potentially find undervalued properties, rehab them efficiently, and achieve good rental income.Decent rents: $1000-$1600 rents provide a strong foundation for positive cash flow after factoring in rehab costs and ongoing expenses.Cons to consider:Market competition: Investigate how many other investors are using BRRRR in Wichita.

You can get preapproved with hard money lenders to find out what they will potentially lend to you.

Regardless of the market you choose, please make sure you have reliable boots on the ground (agent, contractor, handyman, bird dog) to check our potential properties and be able to respond in the event of an emergency. 

The properly sits on a large 28,480 square-foot lot zoned for office, creating the potential for re-development as a medical office expansion.

The current market conditions have made properties quite expensive, potentially leading to a scenario where I'd have to cover monthly expenses out of pocket.

So, bring strong evidence supporting the property's potential value.They prefer experienced borrowers or teams.

., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

@Jose BotelloThe idea of selling your current home and purchasing a duplex as a way to start your investment journey is a strategic move, especially with the potential to generate rental income from one side.

Researching similar rentals and noting renovations in your listing can attract potential tenants, with room for adjustments based on demand.

Factors like high equity valuations, tight labor markets, and government spending are cited as potential contributors to inflation.