Then using the recoup to fund my primary residence BRRRR to then fund my transition into SFR BRRRR.

Looking forward to getting to know everyone and contributing where I can! 

The best way to build relationships with cash buyers is to establish yourself as an authority in this space.

However, this is the first property I plan to manage myself. 

I found it on auction.com and I just bid on it How did you add value to the deal?

I am starting out later in life (age 50) and looking to have some passive cash flow and hoping for appreciation over time. 

Is it the entire system that needs to be replaced? 

After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.

I would love to chat more as there are other things I would like to address.

If you can get a heat pump and not have to upgrade your electrical panel or service to do this, that might be a cheaper option.