They all seem to have a high degree of integrity.If you're wondering about my level of experience, I used to invest in real estate in NC.

unfortunately, with both rates and prices high, it is very, very difficult to cash flow, even in a low cost market.i understand that not everyone's personal / family situation permits them to house hack, but there's no better way to get started. 

We've already agreed not to touch high-risk states like my home turf, California – 100% on board with that.

However, in general, you should see rents somewhere in the $3k's, possibly as high as $4k if it's in a really good location.

Your CPA or tax strategy analyst will be the best resource to discuss your tax benefits and incentives, since he's able to see the whole picture.

The rate will be high on the second though, so you may need to factor the blended rate. 

I document with pictures, give the tenant instructions on how to pay me, and hold the property for XX days (check state law).

If the property doesn't appraise that high, you will have to lower your loan amount and won't be able to get back all of the cash that you invested. 

The fines can be really high.

I was running some numbers and it seems to me that when you're doing a BRRRR you have two choices: you can either pull a lot of money out in the refinance, which then helps you scale up quickly, but then you leave yourself with a high mortgage payment, and little to no cash flow.