And the TIME to be in "buy- n- hold" is AFTER the next (staged) 'market correction,' vs. the current 'seller's market.' ;-)

I am doing a fix n flip with a another partner now. 

Cape is an awesome town to be in right now with what the market is doing whether it is rentals or fix n flips there is plenty of room to learn the only tough thing is the competition.

And yeah, agree that Fix n Flip isn't ideal here but definitely wanting to focus on distressed properties (long-term rentals).

@Matt N.

@John Warren Well, my sample size is n=2 so don't take it as gospel :-)  But in one case it was my PM that managed a complex with three buildings and a courtyard. 

Recommended Beginner SetupVideo Camera: Use your PhoneVideo Editing:  iMovie or Windows Movie MakerAudio: Cheap lavalier mic which will plug into your phoneLighting: Not needed for first videos if you have good nature lighting from a close windowTripod (Y/N): Y, any tripod with a phone clamp to mount your phone to the tripodCustom Thumbnails:  Use canva.comBest of Luck,Scott Dixon   

So this property has 2 3bd 1ba units, 2 bd 1ba, and 2 1bd 1ba units for the total of 6.the MLS information: Financial InformationCash Out, ConventionalAnnual Taxes: $4,412Tax Year: 2017Cap Rate (NOI/LP): 0.60Gross Rent Multiplier: 13Total Monthly Income: $4,190Gross Scheduled Income: $50,280Gross Adjusted Income: $50,280Net Operating Income: $40,350Insurance Expenses: $2,170Water/Sewer/Garbage Expenses: $1,325Other Expenses: $2,023Total Expenses: $9,930Total Expenses: $9,930So we have a duplex and a triplex in the area where we get b/n 1300-1500 for a 2bd 1ba the smaller of the units being around 800 sqft, so I was using that rental number for our projections for both the 3bd and 2bd in this property.Likewise we have a 1bdrm that is around 500 sq ft that we currently rent for $850 and I used that figure for the 2 1bd units at this property (which is on the low end also as we've seen other 1bds going for up to 1K.)Leaving expenses where they are - does this deal make sense to do as a BRRR?  

@Chris Wyche You know, you can always try to get a Line of Credit for fix n flip, find a MF building that needs work. 

So, through a bit of research I found out about Fund n' Grow.