thanks so much i appreciate it, feel like i been waiting all morning for someone to answer that so i could send it over to the title company

The most important factor is finding a good company to partner with in a strong market.

Grow organically, vertical integration.Partner with local RE brokers to form aboveStart hanging out every morning for at least a week at local lumberyard/HVAC/plumbing/electrical supply house and collect cards in order to build a list of go to vendorsAsk every SFR and MFR investor who they use for every service you need Create a mastermind to share best practice, vendors, group discounts etc for investorsRaise rents to market immediately and hope the long term tenants move out so you can rehab and raise rentsSell "use master lease" to another investor and continue to make money from cash flow and possible interest from eventual owner financeNetwork, Network, Network,Network,Network,https://www.pjstar.com/news/20170117/peoria-landlords-to-form-group-100-attend-first-meetinghttps://principleproperty.net/https://www.phoenixpropertymanagementinc.com/peoria-property-management

If I had BRRRR'ed with the same money I could have bought additional properties I know but free time was, and is, a factor and I can always refi it out if I choose to.

Ofcourse that isn't the only factor you would use to buy a property and is just a check to see whether that market is worth looking into.

I met with an operator that has three 4 unit properties (fully rented) this morning.

@Trevor WolskiThere are few lenders like us in Michigan who can lend on an investment property; based on factors like:Location of the propertyNature of the renovation  / Current Condition of the propertyYour real estate experienceDownpayment on your side for the propertyTime line for the funds to be paid back to lender. 1 day?

Whether the outstanding loan balance would be a distribution or a rollover could be a significant factor in how you choose to proceed.

Real rates (factoring in inflation) are already basically at 0%, but I think they will go much lower.

I talked to a broker this morning that says she doesn't go through the banks and goes straight to Fannie and Freddie.