I love the idea of rehabbing and in my own opinion I think I've inherited good taste from my grandparents who have remodeled their house and I know what makes homes feel homey so I feel good about my skills in that sense.

That creates a greater shortage of inventory and no reason for a price decrease.As a buy & hold person, I never buy without cash flow (at least $1.00). 

I am intrigued by the BRRR method, as a first time investor with rehab skills.

If you don't have money and aren't a skilled executor, you can go Drive for Dollars, doorknock run-down homes, pull mailing lists and mail the owners, and do at least a dozen different things to find a potential deal. 

There is still a shortage of housing in the area. 

@Steve Milford Are you saying you worked real estate while also working your w2 job or that you are dual licensed and split your time equally for each skill?

I find it may be some ego trip that is half-truth, but it might help some folks.I could care less if they have bad writing skills.

Im sure your aware of the construction industry labor shortage..

When you get your statement of increase, and the mortgage company finds you have a shortfall, now they want to increase it to make up for last years shortage, and raise it again for the increase next year, even though by then you will probably get another increase and be behind again. 

I'm sure there are more skilled persons in finances/taxes/lending that can jump in on this forum.