That way, you only have the GC spending time on places that you have accepted purchase agreements on.

So, you only want to spend X amount per door and achieve Y return.

For example I had one lender allow 35% and another was cool with 70% ...which means a lot more that I could qualify for.That being said, don't bite off more than you can chew and spend it all obviously.

And of course, spending time here on the site. 

I am looking to spend $300-$350 on a multi unit.

Hey guys, I recently listened to the newest podcast (327) on BRRRR investing and I realized that there's one thing that I don't understand.Let's say you buy a 50k house.The house is trashed and you have to spend 30k fixin it up.This makes your total investment 80k.The house has now appriciated in value (thru forced appriciation) and is now worth 120k.You then find tenants (a family) and they are now renting it out for 1k a month.After this you go to the bank and refinance the house that is now worth 120k so you get a loan 75% of its value which is 90k.Now you get all of your capital back + 10k more, but the thing that I can't really understand is that THIS 90k is a LOAN and you have to pay interest on it right?

Spend the time to put your test ads out there on every platform you can. 

The numbers didn’t look all that bad for face value, but I did not spend time analyzing all the qualifiers. 

Any energy you spend on this will be easier than a drawn out eviction, so figure out the barriers and help them solve them.You may struggle to find quality tenants and folks that won't smoke in units, I had to really adjust my expectations over the years. 

It may vary in different markets as I know that @James Wise said expect to spend 25% down.