I own 4 two/three flats bought between 2013 and 2020 in Forest Park, Illinois, at low interest rates and prices in 200000's  They cash flow nicely and prices have increased a lot. 

You can likely do this with your savings rate (that will likely increase) and age. 

The appraisal came in at 490000k arv and the comps pulled and increase in home value since a year ago shows the property at around 515000k.

Quote from @Noah Wright: No, but here are some ways to increase ARV most dramatically:1.

The 24.9% share is greater than the national average of 13.8%, according to CoworkingMag.The Austin metro had a 261% increase in teleworkers between 2014 and 2023, the report found, which is above the national average of 207%.https://www.kxan.com/news/local/austin/report-austin-leads-u...

You may get one more year from them with a $75 increase but that's about all.

It’s worth considering the trade-offs between the stability of income and the increased oversight and hoops you'll have to jump through.

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

the key to a BRRRR, whether it's going to be an STR or LTR, is this:distress.you need to find a significantly distressed property, such that you can increase the ARV via the rehab. 

A prior cost segregation study increases the depreciation taken during the owner’s lifetime, lowering taxable income each year.