@Nicholas D'Andrea I have to say, this is the first I have heard of such a strategy.

While the BRRRR strategy is effective, it requires experience in renovation, property management and market analysis.

How does the buyer insure the seller’s agent doesn’t pocket a double commission as they normally manage to do when you try this in residential real estate? 

Here is the list:- Subject property deed- Property tax bills for all properties owned- Home owner’s insurance declaration pages for all properties owned- Lease agreements on all rentals/ or we can type a memo of month to month rents.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper? 

I secured a 250k physician loan (no money down) at 7%, which brings payments to 1707/month, and 1887 with insurance and taxes.

A common strategy among some of my investors is to acquire at least one rental property per year.

Its very rare in CA for an actual dwelling to be sold at tax sale 99.9% of all tax sale properties in CA is bare land.. so the risk is access.. and as Ned stated everything else is wiped off of title.Now getting title insurance to resell can be tricky..

For the rest of her term set your boundaries and set expectations upfront with the next tenant. sometimes temporarily ignoring can be a good strategy.

Do you have an idea of what your intended investment strategy would be?

@Moises SalgadoThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.