I do not know of a BRRRR opportunity that doesn't have a life cycle that costs less than like 22k including all out of pocket expenses and that's if your purchase is around 75k - 90k.When I am setting up a market for my clients, first thing I do is call some agents in the market. 

If being near family is important today and you might move somewhere else in 5 years then look at the Virginia area and the market factors out there, appreciation, wage and job growth, supply-demand etc..

I'm Eric and beginning the journey as a rental property investor.Looking for condo and townhouse opportunities in Central NC for long term rentals.Interested in learning, developing connections, and sharing experiences.

Specifically, I'm looking for neighborhoods with a good amount of distressed 3+ bedroom townhomes for sale for $120k or less that require a moderate amount of renovation (no gut jobs or major structural issues) and that will get me a rent-to-price ratio of 1% or higher on the final ARV.Thanks in advance for any thoughts/ideas/suggestions!

Particularly interested in those who have invested in their REIT or alternatively have participated in their inner circle investment opportunities. 

You can find a lot of opportunities in the Sunshine State, whether it's the vibrant atmosphere of Seminole Heights in Tampa, the undeveloped potential of East Tampa, the budget-friendly options in Clair-Mel, the urban cool and community warmth of South St.

Examine several investing opportunities while taking your interests, risk tolerance, and available funds into account.

I personally recommend that if you have good debt on the first one to take a heloc, and if your debt is meh to potentially look into cashout refi’ing on the 1st building and keeping your eyes open for the next opportunity :) Analyze both accordingly and talk to your lender as well as other investors to get their thoughts! 

Market: Philly- surrounding job suburbsTypical sq footage: 1000Rehab quality- class BI have been told to expect to spend about 100k for a full gut on a property that’s about 2000 sq ft.

My wife and I have jobs and our credit score is roughly 580.