From my perspective, they are operating in a dangerous gray area. 

However, you will get a range of perspectives because several here don't mind and even brag about losing monthly.

It would be ideal to chat with investors operating in the Midwest, but I welcome anyone's perspective on BRRRing from a considerable distance (plane flight away).Thanks!

But from a moral & ethical perspective, you may want to decide at some point to just eat it and accept write it off as cost of doing business.

I would love to hear different perspectives.  

Its no surprise that also took them a week to go and turn it off.I had 2 perspective tenants waiting for over a month with their national background check only to find out there were alternatives we could use to get a report in minutes but they refused to not use that company.Finally I get a tenant after 3 months on the market who is someone who was fully approved by the rent amount was 200 dollars less than market value a month so I agreed because it was just before winter when its harder to get someone in.

It keeps things professional while giving you room to grow your expertise.I admire your perspective on keeping your parents’ resources separate from your own—it’s smart to want to succeed on your own terms.

The world of real estate tends to be pretty medieval from a technology perspective.

I appreciate your thoughts on this, always nice to have another perspective.

I appreciate your perspective on “appreciating assets” and agree.