It seems evident that this tenant can no longer afford an apartment like this, so this would give them a time to come up with a plan to find an alternative.

Hi guys - would love any feedback on the below numbers I am crunching on a potential BRRRR deal.The plan is to hold on to the property, rehab it, rent it, and then do a cash-out refinance.

Make sure you build in enough profit that WHEN things pop up that you were not planning for you still have enough wiggle room to still make a decent amount of money.

I knew I was essentially looking to BRRRR with my back up plan to flip.

Have a clear plan for your investment goals, whether that means focusing on rental properties or spreading your money across various types of assets and regions.

Are you planning on getting this leak rectified within a reasonable time frame or is going to be leaking for a while? 

I am planning to move this summer and really want to put my house up as an MTR given the high demand in Wilmington, NC!

My husband and I planned to move back in and sell our other home but he got very ill and we were unable to make the move.

I'll be making plans to do Rental Arbitrage via STRs and MTRs starting out. 

I am planning on waiting to refi until rates come back down a bit.