I would like to use the BRRR method but keep hearing that the market is overvalued.Thanks!

You get to prorate some the expenses that would be personal in nature and all the expenses directly related to the rented portion are 100% deductible.

I feel strongly that it's a desirable location (private wooded lot on a river, plenty of nearby attractions) and should be able to do well.I'm planning on managing it myself but want to start off with good processes and methods.

I recommend that you drop the method and the lingo - and simply look at what opportunity exists in your preferred market. 

My natural progression for investment vehicles (excluding real estate) is: Match/Roth/Tax deferred/ Taxable.

Landlord has entered into a contract to sell the premises to a natural person, AND 2.

Many people have flipped homes before, so you need to come up with your own unique idea or method of finding homes that are just right for flipping.

Brokers are definitely the most effective method to find deals but  it’s always good to try multiple methods. 

Use the enemy method and comb Facebook groups in your market 

I'm take interested in the BRRR method and but and hold.