Typically, somewhere prior to year 10, the total accumulated cash flow as a function of the purchase price has surpassed most of the higher initial cash flow areas.In addition, the property value appreciates (because over the long term San Diego always has but mostly because every metric shows that it should).If you desire you could choose to do it again (the final R).I am definitely not indicating that BRRRR is easy or requires no effort (it is not real easy and it requires a fair amount of effort). 

You have your markets picked out and I'm hoping you were looking at property prices prior to coronavirus.

They had been doing an excellent meet up group prior to the covid-19. 

@James EilertsThe lender (bank) in first position will ask where the balance of the $ is coming from and want to see it in your bank account 30 days prior to closing.If you are leveraging the balance they will not approve you especially in today’s world with lending tightening up.

Unable to get a hold of the prior landlord for 2 of them for a reference.

I didn't use a property manager for this one, but the unit was fully refinished prior to renting it out which minimized maintenance issues.

The comps of homes that had been renovated in that same area and was sold within the 6 months prior to that ranged from $140k - $160k so I figured that if I got the sale price a little lower, I could potentially have a deal.

I had a 10 unit building with empty space (from prior years when it was a mixed use building). 

Hello,I have been renting out rooms in the primary house I have been living in, however I am thinking of renting out the entire house and move to my second home which is currently being renovated to make things a little easy for me.Since I have never rented out entire house to families, I am looking for some do's and don'ts perhaps if there is a checklist of items I should go through prior to renting out the house.

Not always in that it will be less overall cost, though often savings will be found, but also with peace of mind that everything is done correctly.Exactly what Greg noted for QBI - while these rules were plainly in place for 2018 (for all my syndicates this was all disclosed in a split out manner for both years), the IRS came out with an exact format they want everyone to follow for 2019 forward.The price range you quote is certainly not unreasonable, often to provide an accurate quote a CPA would like to see a copy of your prior year returns - it is not uncommon that there are technical issues you are not aware of that need to be considered.