You're doing a great job planning ahead. 

And, I've had a few minor issue that bit me, but overall, WAY ahead.

If that goes well, I'd look to doubling that every year (but I don't want to get too ahead of myself).

Cons: Expensive to maintain - can push tenants away who don't have the extra money and you certainly don't want pool cleaning coming out of your monthly rent. 

Was constantly pushed back.

Was constantly pushed back.

The guy had moved out two months ahead of end of lease, took the internet which made watering non existent (smart wifi watering).

OOS BRRRR podcasts that failed and plenty of other forums posts pushed me to start with Turnkey Model.

Not that you can't do it, just have those conversations ahead of time so you know what your options are and always have multiple exit strategies.My wife and I host a virtual meetup and we did about an hour on BRRRR refinancing a couple months ago if you want an overview.

We also put higher expenses and decided to delay raising rents as to not push rents to much during COVID.If you are doing flip lowering your ARV by atleast 10%.