If your project takes 4 months instead of 2 by hiring a GC it may end up costing more in the long run.

Learning the ins and outs while keeping an eye out for a great deal is a smart approach—knowledge and patience go a long way in this space.

If you’re looking for a long-term fix, go for a more robust approach.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Since bathrooms are relatively small, using some unique tiles and fixtures won’t break the bank and will go a long way with buyers.3.

As long as you are following the law and the lease, you shouldn't worry about lawsuits.

I also allowed the fear of others to take me away from my long term goals.

I'm looking at it long term and will not need the equity anytime soon.  

It doesn't take long to learn how to spot a good deal.6.

I'm m focused on staying disciplined and maximizing cash flow, so your suggestion on BRRRR and DSCR loans is especially valuable as I plan my long-term strategy.