Best part is that it unfolds and if site prep is done, we can have a renter in in a matter of days upon delivery. 

I'll include a BP article below that highlihgts the gist of them in alignment with BRRRRs.Also, I lived in NC for a bit, so happy to connect and introduce you to some folks in the area. https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

. - Despite 3 tenants in under 3 years, it has done very well for us and has only been "vacant" for 15 days in that period, and has great cash flow, ~$1000/mo due to ~50% equity in the property, and a low covid-era interest rate. - I have been saving ALL of my cashflow into its own account to accumulate to buy the next rental (totaling ~$24,000).

If they're doing anything another tenant would complain about I send them a written warning and the minute another tenant complains is when I'll double check to see if I can file eviction for that specific thing and give the tenant three days to knock it off. 

Today's end of the day job: putting on a new door.

Seems really low for all that work in any part of the country these days IMO. 

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?

. $1 is technically cash flow and if you buy a Lake Tahoe lake front house and cashflow $1 I'd take that all day.

At the end of the day, it’s a big decision choosing who to invest with, but the academy is very enticing.  

Days ago but yes.