As much as I believe we're in the 8th inning of the housing cycle, prices would likely keep on going up, but at a slower pace, due to the lack of supply.

In terms of timelines, I think a beginner with enough cash for a single rental could complete the BRRRR cycle once every 6 months.What percentage of your 200k net worth should you dedicate to real estate?  

Espescially right now that we are getting to the end of the cycle.

She says she would do it sooner but there are some legalities associated with collecting rents that prevent her from doing it (I personally thing she's just waiting for the tenant's check to clear).I work with another one that sends me an ACH deposit on two houses on the 15th of the month for rents due on the 1st of the month.There are times when there are exceptions - including late rents received or tenants that move in later during the month.Once you get on a regular cycle, you won't notice it.

I reckon that at this point of the cycle, you're taking more of a risk if you do NOT proceed with the sale, than if you sell to re-invest the proceeds!

On the day you close, you hard money lending loan is 50K and the remaining 30K will be made is few draw cycles as the rehab progresses.Lets assume your rehab requires a period of 2 months with 50% (draw of 30K / 2 = 15K) project completion on 1st month and another 50% (draw of 30K / 2 = 15K) on the 2nd month.

@Kareena Sharma  honestly it's the wrong time in the Real Estate cycle to purchase buy and holds.

If they move out mid-cycle, you just call GR water and request a final bill to know what they owe.  

If the property is putting money into you pocket, with income exceeding holding costs by a comfortable margin, then you can hold indefinitely and wait for the right time in the market cycle to sell and capture your appreciation.  

I can only wish you have this well planned enough before getting into it at a rather pricy price point in the industry cycle.