Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

Share cropping with a retail farm stand/farmer's market is one, if it's the right kind of land in the right location. 

Your LOC at 4% over 10 year am. period is $101/mo payment. 3.

Again, it would be hard to get any precise direction here but there's enough to think about which way to go with it. 

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

Hello BP Community, I am located in Capitol Heights, Maryland.

Where is the property located?

But, regardless of the location, Hawaii always has been and always will be a popular, year-round tourist destination.

But the diversification may be through a number locations of the same type property, as expertise in one area trumps diversifying into areas where you lack a competitive advantage.