I don't add in social security when I'm 70 -- that's icing on the cake and outside my planning parameters.The beauty of real estate and my attraction to it as a 'late comer' after running my own business and trying the 'retirement side gig' for a while is precisely what you suggest -- what if a RE portfolio would net that $33k in beer money instead?

So the way I look at BRRRR is I'm just looking at it as buying a rental but giving myself the chance to (1) buy cheap (2) fix everything so there are no unexpected costs and then (3) now that I have a beautiful, newly maintained property I can refi some cash out. 

Enjoy fully fenced, outdoor entertaining spacious patio and built-in wood grill on the beautiful level lot.

Lake Havasu City is a beautiful town, but a party town in the summer which can bring many problems.

Kept original charm but modernized the property with all new HVAC, converted from duplex back to SFR, all new windows, hardwood floors throughout, all new kitchen, 4 full baths, 5 bedrooms, beautifully landscaped and painted.

Nothing good in living this beautiful thing called life comes from being in an area of restriction.

Purchase price: $100,500 Cash invested: $30,000 Buy and hold property purchased and converted in to a beautiful short term rental property.https://www.airbnb.com/h/thebirdsnesthome What made you interested in investing in this type of deal?

The beauty of the house hack!

From the time it goes empty until the tenant moves in needs to be managed like your hair is on fire!   

Beautiful day.