It took forever from start to finish bc permitting is a general nightmare in Portland, Oregon.

That second one was on market forever, brought down in $15-20K increments over 6 months.

I live in the Hartford area of CT and up until learning about the BRRRR strategy on BP, have really only been focused on an owner occupied Multifamily (3 or 4 units) as I was pre-approved for 5% down up to 275k (more when 75% of property income factored).

You need to factor for property management.The goal is good, just make sure the math works.

I can tell that you are a numbers guy.I would encourage you to spend a few minutes with every deal working on your gut-check factor. 

Properties in high crime areas aren't worth much so you can't buy them for the appreciation factor.

Now that I think of it, another limiting factor to this would be the veterans DTI, correct?

When using the wholesale equation: Max Offer = (ARV*75%) - Repairs, should I also factor in holding costs, transfer costs, closing costs, marketing Ect?

I understand that capital, experience, net worth, and liquidity are all factors for securing investors and financing.

So shouldn't the total ROI be somewhere in the results factoring in the built in equity at purchase of $40K?