So I had to cover the plumbing cost and the furnace cost, but my insurance paid for everything else - drying out the house, tear out of everything damaged, replacement of everything damaged. 

Maybe there’s a defect in the plumbing they aren’t aware of and letting them know might prevent others from having the same challenges.

With updated electrical and plumbing, and topped with a new roof this home has been wonderfully maintained and renovated.

It sparked me to continue to grow my portfolio and even consider looking into the BRRR method moving forward.

There’s a long, twisted road of lack of communication, a “property manager”, a tenant (not mine), a landlord, and 2 plumbing companies upon which the destination is my current dilemma.

Specifically using the BRRRR Method.

Hi Adrienne,You cold pull up the carpet and have a look at the subfloor--maybe it's OSB from some old packing crate in that spot.If the joists feel solid underfoot and the area to each side feels bouncy, the floor wood may have failed.If that is the case a contractor may be able to cut 1/2 way along the joists on each side and insert new "Flooring grade PLYWOOD" of the same thickness as the rest of the floor.The carpet will probably need to be "Knee-ed" back into place by a carpet installer to prevent wrinkles.Be ready for anything when you open it up (meaning idiotic workmanship such as joists with way over-large notching for plumbing, etc...)This may also be a harbinger of things to come (or it may just be an isolated indecent.)Good Luck!

However, there are a few investors here on BP that are methodically buying and growing their portfolios much bigger and I'm sure they would share their strategy. 

All of my tenants have been paying in cash but I want to switch them to electronic/automatic payment methods.

An example would be a general contractor that handles the pouring of a concrete foundation and framing the home, installing the windows and doors but contracts with a subcontractor for the roof, drywall, insulation, plumbing and electrical and paint.