And with wages not going up as quickly as inflation, what I see is people carrying balances on credit cards and not being able to spend money on things they used to be able to spend money on.  

So those are great points when out there chasing NPN or super high discount yield notes.. they are not just that easy to get takes a lot of money to even find them in direct marketing etc.. wereas when the investor hooks up with the right company that's all done for them and 100% the return goes to them minus a tiny amount for servicing but they spend Zero money on finding the dog gone things .. which as you state is a real challenge in todays highly competitive world of trying to find discounted owner carry back owner occ notes..

Adding a pool won't carry much value if no other comps have pools. 

@Jingru Sui, as you noted, putting it into an LLC in the first place is easier (and you could still carry an umbrella over the LLC). 

You would of course not deplete all of your cash reserves on the down payment in order to service the monthly debt payment and carrying costs, but this should give you an idea of what you can accomplish now if the time is right.Many hard money products offer 100% funding for rehab costs so you would not need to save for this portion of the BRRRR project.

One tenant however, did refer to having their rent pro-rated by the number of days that the situation would last.There is a clause in both their leases that they are responsible to carry renters insurance to protect their personal belongings against fire, theft, flood, loss of use etc. 

I could also take the money from another source, but wouldn't be able to carry the 2 mortgages on personal loan I don't think.

Be very carry i can tell you from experience.

He didn't know I saw him getting out of his car carrying groceries.

Auction contract carry blocks on assignments.