My partner and I wouldn't touch that $50k, and they keep 100% of that, however after our investment, we then get a percentage of everything they get starting at $50,001..

Keep learning and refining your approach, and you'll increase your chances of successful BRRRR deals. 

I don't think most tenants would do a good job of keeping the door clean.

I don't know which city you're thinking about buying in, but if it is a growing and appreciating market it's worth keeping in mind that home-values/rents will most likely go up over time.

When you get to the rear car do you keep running so you can try to get to the front car?

Keep in mind that refinancing comes with its own costs, and it’s important to calculate whether the savings from a lower interest rate will outweigh these expenses.

what's your personal guideline for how much to keep in reserves per property?

Hi Craig,We do keep our eyes on pricing and update our cost database and templates to adjust for market changes. 

@Katelyn Vittitow We tend to keep sending the same thing to the same list for 6months or until we refresh the list.

There are more moving parts between cleanings, reviews, keeping inventory of a furnished place, bookings, new people every few days, people not understanding the difference between an airbnb and hotel etc.