Trying to think outside the box here.Maybe a simpler option would be, depending on your current loan vs. the value of the property, get a small private loan (friends, family, other investors you know) to cover the cost of the parking, maybe it might be a high rate because it would be a 2nd mortgage but it would allow you to address the issue now and you could negotiate for the 1st payment not to be until a year from now.I think there's some potential super-long-term value play buying properties without parking at a steep discount, and then waiting for the era of self-driving cars to arrive, but it's too speculative for my taste and we don't know how long or if such a future will arrive.For the next decade or two, I think you will get a better quality of tenant if you can accommodate ones with cars, vs. ones that don't have cars.

This is a complicated deal you're trying to pull off, and new investors are usually better off sticking to the simpler ones.

Payments are based on a mortgage concept where I am the mortgage holder in first position, sales price of $45,000 against which your deposit is applied, 5% interest for an amortized term of 15 years and a 5 year balloon.

BRRRR is an awesome concept/strategy but I think it’s much easier said than done.

I’m particularly interated In house flIppIng but also like the concept of wholesaling.

For those unfamiliar with the concept, cohousing is an intentional community of private residences clustered around shared space such as a large community kitchen/dining area, community garden, laundry, parking, open space/recreation area, workshop, sometimes even a common house used for events, etc.

My parents have both been small business owners the majority of my life, so the concept of a rental property wasn’t foreign as they had a few of them themselves.

The whole concept revolves around buying properties for less than their intrinsic value.

The concept is amazing and when speaking with people in KC, the place was packed all the time both with tourists and locals.I haven't been to the Louisville malls in many years (like most people I suspect) and cannot imagine anything ever bringing that much positive traffic to that area. 

Problem #1 is everyyyyoneeee on this site glamourizes the BRRR concept as this perfect strategy for investors, when in reality, it's slow and non-scalable.