If we go by the BRRRR method, we're already going to buy and rehab it, then would it not make sense to just flip it at that point and cut out the need to deal with tenants, home damage/repairs, refinancing, etc.?

Happy to chat over options with you. there are plenty of roads you can go down, even by not taking out any debt against the property.

if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 

I started off from House hacking by putting 3.5%-5% down payment and rent out the other vacant rooms/units just to lower my mortgage payment.

Originally posted by @Jingwen Dunford:@Brian Burke so pretty much the investors' capital would only be paid down or off in the case of sale or refinance, correct?

PLEASE NOTE: I want to sell by mid-October and with current market volatility, considering renting for a year if necessary and listening as Rent/Sell.Upsides to RentingLuxury condo that presents well, in a growing neighborhood that should appreciate well.3.375% 30 year fixedWilling to hold long termDownsides to RentingNon homestead taxes will be 14K Annually!

I would like to increase my cashflow by about $5000 extra a month.

Any what near by towns have comparable appreciation potential to Orange City (Sioux Center, Le Mars, Alton). 

I recently listed on VRBO and now have my calendar blocked by the company after speaking with a potential property manager. 

Read "Long-Distance Real Estate Investing" by David Greene to better understand how to find a market and do things from a distance.