I'll live in the least valuable room/unit, and after the rehab is complete and other rooms/units are rented, I'll cash out refinance for the ~75% LTV.

I just hope I can leverage my tax returns somehow, and my future career prospect but I really don't know.Thank you all in advance!

Anyone could cash flow in 2012, it'd take a real special idiot to not cash flow.

If you don't have a lot of cash, then you will be looking for cash flow, period.

Purchase price: $180,000 Cash invested: $120,000 Our first BRRRR was a quadplex outside of Atlanta.

So effectively I don't have a team.I've done all cash buys with a return of 7% cash on cash [no associated mortgage].I don't really have a network - the turnkey company is my PoC and they manage everything end to end.

It doesn’t matter if I have positive cash flow from my investments (or not), as long as the revenue - expenses - depreciation is negative, it’s a tax saver.

You may or may not want to keep your current home as a rental, depending on how well it would cash flow. 

My client's cash flow is going up by almost $1,100/month, so he's very happy with his FIG purchase.  

My STRs and MTRs are cash flow negative.