Here are some considerations to determine if your market in Wichita, Kansas, is suitable for the BRRRR strategy:Property Prices: Finding homes that satisfy the BRRRR requirements may be easier in places where property prices are lower than rental revenue.

However things change dramatically when buying an investment property, as down payment requirements do not go lower than 20%-25%.

@Ethan Swat have you done the math to calculate the increased booking volume or higher booking rate is required to break-even on the investment?

I'm moving overseas for a while which will make embassy scheduling tough for notarizations that require wet signatures.

Flippers buy from wholesalers because they don't have the time required to build SOPs to generate off-market leads and convert them into contracts/projects.

Both conversations are going to provide you with a better understanding of the need and requirements prior to getting too far down the road with negotiating a purchase agreement with a property owner. 

Based on the purchase price and loan circumstances, your lender or real estate agent can tell you an estimate of these expenses.Rehab Costs: To determine the price of the duplex's required repairs and renovations, get quotations from builders or property inspectors.

So I require skin in the game (average is 5% to 15%) to offset this.

That's the one thing all the HGTV flipping shows get right - everyone we've ever seen has a renovation surprise that either increases the budget or requires cutting back elsewhere to keep the budget.Contact us if we can assist with anything. 

But I think something can be done if we get creative, but may require a complete move out and new application/lease.