The brrr method has become a little challenging in this market and I HIGHLY recommend you talk to several lenders and educate yourself.

Hi @Ryan Kawash,Nearly impossible would be a pretty accurate description for being able to find worthy flip properties in Southwest Florida, utilizing the methods that most people will try.

Congrats on the early stages of the enemy method  without even knowing what it is.

If so, what would be the preferred method given today's terms and rates while still trying to protect the liability of your primary residence; what are the pros and cons of each?

I am looking to purchase my first investment property using the househacking method.

Rinse and repeat until you have reached your 20k/mo goal with a combination of rental income and 4% stock withdrawals. 

The most effective rent collection method is whatever works for the tenant - except picking up rent!

@Curtis DavisBrrrr method and get most if not all of your money back.

I own several rental properties and looking to get into the BRRR method.

ARV: 290k (She had it appraised 2 years ago may have changed now) Owes: 197k (167 on first mortgage, 30 on second) It is currently set to go to Bank Auction on Tuesday - her attorney has advised her to come to the courthouse and file bankruptcy (which she will withdraw later in the week) to get the proceedings on the house stopped for the moment.