Wondering if purchasing an updated bank owned foreclosure is also an option for the BRRRR method, allowing you to skip the rehab step and decrease risk determining ARV?

Hi All -  Curious what methods folks are using for new SFH or MF investments to make sure rental income flow.Example-Buy in good school districts for qualified tenant pool?

However real estate investing it a totally new concept to me.I’ve read a few books and done quite of bit of research but I can’t decide if the strategy/method of investing I am thinking of would best work with my current situation.I do own a principle residence with a mortgage + heloc portion (currently have $30k in it with no balance) and minimal credit items on history and have over 800 score.

Depends on numerous factors including rental income as well...Best to have this discussion with your cpa

Are there other methods that might be viable?

I’m new to the BRRR method.

My method works for me. 

If you do have multiple options for property managers, definitely ask them about there policies, payment methods, tenant screening techniques, etc.Here's a great post I found too! 

like do you have to rent it out to make the whole BRRR method work. because it is a single family 

@Alyssa Dyer Interested to hear more about your personal experience using BRRRR method.