I’ve been studying the BRRRR strategy for some time now and I want to take action soon to complete my goal to get my first property by this year.I’ve been looking around for HML to further understand their terms and procedure and I am planning on meeting with them and I’ve talked on the phone with others.

Sell and self finance is safest option.Like the "right" partner ideaVet a partner well and writen out "what if" happens and course of action for each unforseen circumstance.Dave Ramsey says, "only ship that will not sail is a partnership".  

It doesn't sound like you're looking to occupy these properties, but if you are there's another level of underwriting and compliance actions I'd recommend.3.

The question you're asking here, would be worthwhile asking the township --if you haven't already.Get a plan of action from them and see how you fit into that picture.

They should appreciate your action and hopefully it helps your tenant if they have to come to the property.

As soon as possible, take action.

**(Sorry its so long, I wanted to attach the reasons not just the link, so other posters can see it too)http://hcidla.lacity.org/sites/default/files/docum...LEGAL REASONS FOR EVICTIONA landlord may bring an action to recover possession of a rental unit for any reason listed be-low.

It's not really a brainstorming session or anything, but once I think through the same plans enough times and get to know them like the back of my hand; I feel like I can actualize them much easier when the time actually comes to take action... recognize opportunities sooner, pull the trigger faster and with more confidence, etc. 

My wife is an agent and I have seen it in action.

Throughout the next year or so I wanted to purchase other properties, but like most people never took any action, including on a possibly amazing opportunity directly next door to me with a house which had signs on it for a year to a year and a half and was vacant.