Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.

The secret sauce, is really just lead generation.

Everyone wants to compare the nominal APR with the actual interest rate of the HELOC, but that is comparing apples to tomatoes.

They will bicker about whose spot has more sunshine, other tenants or neighboring kids will steal their tomatoes, someone will swipe the cute little solar spinning flower from one of the gardens, some tenants won't take care of their plots and they'll look like hell, some will use chemicals the other tenants will complain about, someone will steal the hoses.  

baking soda + hydrogen peroxide 3% + laundry soapy solution seems to work best to neutralize the skunks secretions from hard surfaces (and pets fur), spot test first though.for human skin, tomato sauce or ketchup helps neutralize more gently. 

SwannyThe #1 question I have been asked the last year and especially the last few months is how do I identify and find the good markets I do to farm, you laid out my "secret sauce" (which is no secret in my opinion) the correct relation of those 3 metrics, not just 1 but all 3. 

If you want to put some hot sauce on it...get your real estate license.

When spaghetti sauce hits the wall and you wipe it off, you will most likely leave some type of "wipe" mark on flat paint but never with gloss.

Not to go too far afield from the original question but this town is different from any other towns with trains because we are  our own little slice or paradise...when you throw your line in the ocean you pull out a plump tasty fish and when you scatter some seeds you grow our own special datil peppers to make a tasty hot datil sauce to brush on your tasty fish...and then throw some oysters and clams on the beach fire grill...we have oceans where you can surf and skim board and Intracoastal where you can Kayak and windsurf  and marshes where you can see pretty pink spoonbills and historic streets and buildings where you can dress like a pirate and drink rum and go argggg....when you can live here NO ONE I repeat NO ONE wants to live by the tracks...so to the original poster I say I would NOT buy anything on the railroad tracks ! 

Dish detergent does not dissolve solid material, including  some sauces which can spray Pest control should only be sent with proof of pests and they should report back as to whether the tenant caused the repair.I think you have a great tenant you won't have to do much for and can keep for a long time.