@Aseebulla Niazi It's all relative...I'm personally not a fan of BRRRR for beginning investors...there are just too many pitfalls to be aware of...there is a right way to do it, but your strategy has to be tight upon acquisition.

Forcing appreciation is excellent, instant equity is fan-freakin-tastic. 5k off of list price pretty small after it sat that long, at least in my market.

Also, I've just never been a fan of single family rentals.

I am not a fan of real estate agents in the area.

An amazing backyard w/ an extended covered patio w/ 2 fans, RV gate, grassy area, fenced in pool, outdoor shower, storage house + 2 car garage w/ built in cabinets.

New Flooring, New Quartz Counter-tops-Sinks-Faucets (Kitchen and Bathrooms), New Tile in Bathrooms, New Ceiling Fans, New LED Lighting, New Natural Stone Fireplace Feature.

An amazing backyard w/ an extended covered patio w/ 2 fans, RV gate, grassy area, fenced in pool, outdoor shower.

Work in progress - ceiling fans, high hats, crown molding, new stainless steel appliances & tile in bathroom

It's a business relationship and should be treated as such.Now I am a fan of the "Happy Clause" that was suggested.

Im not a fan of buying these properties for income purposes for the reasons you mentioned, dues, special assessments etc.