I get deep discounts from professional contractors when needed.

@Lauren Cooper the biggest challenges with the BRRRR strategy are 1) finding a value add deal with great potential at a discount 2) the normal risks of a rehab which are many and 3) the property not appraising high enough to allow you to refi and get your capital back out after increasing the value of the property.

Weren't you suppose to stay in there home 3 years to get the discount?

Not sure if it's allowed, just thinking out loud.After the updates, some insurance companies may give you a little discount.

If you sell to an owner occupant you might get market, however if you sell it with tenant in place for another 10 months, you may be giving up the property as a slight discount to another investor. 

There are no funds past this, so last resort was to offer a discount towards a new roof.There is no attic, that I've ever seen, so cannot verify any mold inside the house. 

Ultimately, your blended all-in rate might not be much of a discount, or even the opposite.  

When doing a cash out refinance and the lender says they locked in your rate, did the cost of your mortgage/discount points also get locked in or is that going to fluctuate until closing?

@Mike Schorah I thought his assessment of the three possible scenarios were pretty helpful 1) default ( highly unlikely)2) hyperinflation (buy assets/RE)3) raise taxes (buy RE)And if the price of things plumit it's an opportunity to buy at discount and increase your returns.That was the punch line for me.

@Derek Magdziak, you will be valuing based on a Discounted cash flow method.