We want to do BRRRR with a property, ideally we would create enough equity that we would be able to get back our entire $75,000 investment along with creating cashflow.What do you guys think?

We want to do BRRRR with a property, ideally we would create enough equity that we would be able to get back our entire $75,000 investment along with creating cashflow.What do you guys think?

Being licensed can be a great part of your strategy, however, figure out how being licensed will benefit you, how the pieces will fit together for the end game.

I am sure there is more to it.I am curious because with a 6.5 acre lot, you can fit in a few of those cabins.Hopefully someone who had looked into these type of deals before finds this thread and shares his/her experience/opinions.

We have some leases coming up soon, and tenants have been less than ideal to say the least.

Ideally planning to buy and hold in an area with stable and rising rent prices, but flip in a depressed market.

They sound like a better fit for a SFR to me.I'd talk to the good tenant and try to keep them happy. 

Ideally you want to buy something distressed and vacant.

That is a key part of my criteria and I keep getting agents that don't get that and tell me about places that don't fit that criteria. 

What I hear you saying is in real estate, there is no such thing as one size fits all.