This allows certain markets to continue to grow.An increase in rates from the fed may take some buyers out of the equation, or they just change where they are looking. 

Niti believes she has a special equation to perform BRRR she doesnt.

(At it's current income level, a GRM of 12 would equate to ~ $287K and a GRM of 14 ~ $334K)Of course, there are always exceptions to the rule and this is just a general rule of thumb I use to decide whether a property is deserving of further analysis.

But I digress the second part of the equation was to cash flow 12% cash on cash.

Here’s the equation: Gross rents for all units LESS a 25 percent vacancy factor MUST be greater than or equal to the mortgage payment. or(Gross Rents * 0.75) ≥ PITIWhen calculating the gross rents, the bank takes the LOWER of the current/appraised rents.

You may be able to find a better rate, but I have a HELOC at 9% at the moment, so that equates to $1,500/mth [($200k x 9%)/12], interest only.

Now.. use this equation to find your success rate using that strategy:(1/X) * 100%So if you need to make 1000 calls to get one deal your success rate is  1/1000 * 100% = 0.1%that is ZERO POINT ONE PERCENT people!

Your Real Estate agent has quite a bit of due diligence and the closing company should have taken the rent issue into the equation. 

It equates to cashflow and appreciation.

Based on what I have heard from others, if your time is limited, you may simply want to find a broker who will take the rental and charge 20% to 25% of the rental to handle al of this for you.Second, economics is a big part of the equation and without knowing how much revenue you generate it is hard to assess the best next step.