This strategy should also protect the downside a little better by offering a larger pool of buyers in the future.The way we try to claw back the cahsflow/equity is by targeting short sales or wholesale deals that may require rehab but are priced well below market value.We are not reinventing the wheel, simply implementing a tried and tested method.

Then I'd use the other methods provided by the gentleman who have answered prior to this post.

@Matthew Jarrett I have a unique method for JV, hopefully I will be out there this coming month.  

From there I will be building my portfolio with other methods.

It could be a way of avoiding confrontation with the tenants, rather than the " I know a guy" method.

Is It both methods? 

I would love to ask questions and get more involved.I have slowly been buying rental properties for the past five years using the old fashioned and conservative method.

I've seen this many times where people have to defend their method because they put money down and want to try to act as if that puts them in some position of propriety over people who they mistakenly believe can't or need to.

If you follow this method, you'll continue to build without actually spending any money.Now, with all this said, after the refis, each property must still cash flow at a minimum (decided by you...mine is 300/month).  

I have the same plan of wholesaling to in the beginning to build up my capital in order to purchase my first buy and hold, using the BRRRR strategy to pull the money out and repeat the process.