If you’re doing BRRRR, know that bad appraisals can and do happen in Detroit.

@Dave MaloneEverytime I read “the goldmine is in the network” to me they are selling kegs of kool aid and it’s a circle you know what with nothing for itYou could read j Scott book and get a lot of info on costs etc.

I know there's a lot more detail that goes into this, as I'm trying to set this upWould appreciate insight from anyone out there who's done it, and willing to share from experience. 

Anyone know how to account for CapEx (setup as Asset accounts) expenses in the cashflow?

I'm very open to learning new strategies & old strategies, cause new strategies & old strategies that still work come to light everyday, And can never know to much about a industry that's always evolving and changing 

Thus I am trying to determine if managing these from a far makes sense as I know a PM would destroy cash flow. 

And I didn't know that there even was an option for a cabinet form.

I know you don't have money for a downpayment yet, but when you do, rent out rooms or buy a duplex or triplex and live in one side and rent out the others.  

Does anyone know about this?

I know that.