In addition to the location, there are two more components: the tenant segment and the property.

So would it be safe to assume that refinancing successfully is a key component of a good, solid BRRRR strategy?

Am I missing a key component?

@Ali Hashemi1) I would agree that the critical component of successful management in SS is grassroots marketing. 

Your questions asked are just one component to owning retail properties.

Returns will vary with the level of risk - for example if there was a "crypto currency fund" that targeted 15% or a US Treasury Fund targeting 4%, most would be like of course 15%, but risk is also a major key component. 

What do you mean by asset classes that have a risk component? 

I've built in the value-add component(s) with construction and it produces with great efficiency.

@Abhishesh AcharyaOne key component is experience as well.

I have heard on several podcasts about the concept of “retrading” (the term for going back to the seller after you are under contract and asking for credits, concessions, etc.) and how it could potentially be detrimental to that deal as well as potential deals with that seller in the future.