And what is the minimal coverage you get for all?

Are you having to minimize the files at all when transferring back to your phone?

They rent quick, the repairs are minimal and the equity is strong.

Ive given it some thought and believe the best plan moving forward is to build my reserves large enough to cover and issues that arise during the BRRR so the private money is at minimal risk.

Due to the nature of my invest in owner-occupied properties, I tend to move a lot. As I get better at it, I move more and more because it's taking me less and less time to rehab. My issue is I feel like I always have ...

Cash flow from the properties are minimal to negative.

It's tempting to update some of the finishes to the level we like (tile in the bathrooms vs linoleum, newer dining room fixture, tile backsplash vs laminate, replace countertops with something a little nicer than the flaking laminate...etc) What do you find gets you the biggest buck with minimal $$ when it comes to renting.

If your parents are willing to co-sign while you’re still at home and have minimal expenses even better.

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

My HELOC would have a 0 balance and I would be ready to find the next BRRRR deal to start over.Additionally, from my understanding when using a HELOC there are strategies to minimize the interest you pay because it's based on simple interest.