I have built myself a BRRR calculator, and the numbers (in terms of cash-flow) are convincing.

It has a strong potential for cash flow.

@John AsherI have seen that as usually bank statements will show the cashed checks

You can try to incorporate a seller concession to help cover closing costs and reduce cash to close.

I did hold onto $2,500 of his that was going to be a cash-for-keys deal that fell through and he acknowledged this.

I paid cash $78,000 and put about $35,000 worth of rehab into it, so all in $115k.

We BRRRR 8-10 per year and the flips supplement the money left in the BRRRRs.I personally care more about the location of the BRRRR rather than the money pulled out or the cash flow.

I'm in a final round with a company but steady income has not been secured yet so if I could at least cash flow that would really help me stay afloat for the time being.Obviously I could market the unit as-is and potentially rent to someone but won't likely be able to rent to a section 8 tenant which I was hoping for down the line.I was considering starting off with 3-month leases with auto renew and I have been VERY clear with him that if he is unwilling to pay on time that I still am treating this as a business and am not afraid to evict him.

Due to current market interest rates, I have a possibility of minimal cash flow with a vinyl property however with the brick property, I'm barely even breaking even.

Just from my limited looking at auctions I dont believe you get a ton of time between "winning" the bid and when you have to pony up the cash.