I also really hope to branch in to rehabbing in the near future with either buying and holding or flipping.

Flipping for example...I only started buying and holding this year as we finally built up enough momentum and cash to do so while keeping all other rehab projects going at the same time.If you have other sources of making big yearly income, then you should invest your spare cash into turnkey and keep plugging away at the job.Just my 0.2 Aussie cents hehehe

Please indulge me for a moment while I introduce myself and describe my understanding of the property:About me: My goal is to replace my earned income with income from long-term buy-and-hold properties.

As to the BRRR thing, that's an old tactic, buy n hold, you're a victim to financial changes along the way, it is not infinite as the gurus claim, you have loan concentrations as you acquire more financing, your available LTVs will drop as inventory increases and hard money doesn't last for the long term.  

Buy and hold?

Over the next few months my goal is to learn more about financing options, how to target opportunities that check all of my boxes, and recommendations from investors whose rationale is buying and holding properties.

So I am okay holding this property and accruing the equity.  

ARMs may be good if you are planning on holding the property for a short period, like when you are flipping the property.

Hello everyone, One real estate association that holds monthly networking events in Tampa that I would recommend is TBREIA.

Another great option is buy and hold rentals.