Using the BRRRR method, normally requires you to hold for a while until you can get refinanced, is that right?

@Mike BossIn California I believe it’s $800 a year and rack on what your cpa will charge you and you are gonna run a $2k bill to do a LLCIf you are fixing and flipping lenders may require you to have a LLC.

@Dustin Sanders It is possible to find owner financed deals and you MIGHT be able to even find some that require no money down.

Not sure if that will require a transfer tax.Insurance policy changes are used at least by banks as a source to identify change in ownership.Just a thought...not legal advise.

By selling the property now, you can avoid the time, money, and effort required to make repairs and potentially deal with ongoing property management responsibilities.On the other hand, if you are willing to invest in the repairs and potentially hand off the property to a property management company, you may be able to increase the value of the building and generate higher rental income in the long run.

Also, the good thing about primary is that it only requires you to put as little as 3.5%-5% for properties up to 1-4 unit or 0% if you are a VA.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

My list of required repairs was 70+ after that first inspection. 

The most common way around this is to get a DSCR refinance, which requires 3-6 months of seasoning.

Given your circumstances, the following advice and considerations apply:Benefit from low interest rates, no down payment required in most situations, and financing for up to four units when you take advantage of the VA loan.A thorough grasp of your budget should include the purchase price of the property as well as any possible maintenance expenses and other related expenses.

Marketing a property effectively becomes solely your responsibility, requiring you to explore various platforms for visibility, which might not reach as wide an audience as a professional's network would.