Driving around looking for buildings is a great method as well as local brokers.

you mean 4 unit or smaller.Typically, the first two criteria for the small time investor are cash flow and appreciation, whether forced by value add rehab/re-purposing the property or it's in an up-and-coming area where values will rise even if it's a dump.For Cash Flow, I recommend using the 1.5% Rule as a quick method to evaluate deals. 

If anyone else has any additional creative methods for generating leads in a highly saturated market, I would be more than willing to accept advise.Thanks in advance,Ivan Rodriguez

I see there's different materials, gauges, installation methods.

Two of my favorites are The Book on Managing Rental Properties, written by Brandon Turner and published by Bigger Pockets and also Landlording, by Leigh Robinson. 

Math was my worst subject in school, but now that I can see how it applies to real life, it's my favorite thing to do.

What are the benefits of buying with a credit card/non-traditional method of financing vs. putting the 20% down?

If you have any questions, post them here and tag me.Quick Example:Purchase: $125kRepairs: $20kARV: $200kPoints: 3Interest: 13%Fees: $1,030Total Cash to Close: $5,380Monthly Interest only Pmts: $1,585Total Financing Costs (3 months): $5,380+$1,585+$1,585+$1,585=$10,135Cashout Refi at 75% of ARV = $150k$145k (Borrowed Amt) + $10,135 (Points + 3 months Interest) +$2,100 (Est Title Closing Costs) + $2,900 (Est Utilities + Prop Tax) = $160,135 Total Investment - $150k Cashout Refi = $10,135 Total Cash Invested in PropertyIf you are use the Buy Rehab Rent Refi Repeat method that is promoted on this site you can buy rental properties for just $10,135 for a property worth $200k (or roughly 5% down with no PMI).

How did you acquire your first property and do you still use that same method today?

Hi All, Just wanted to post my experience with BRRRR method.