If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

There are many BP podcasts on this subject and I'm sure searching this in the forums will give lots of great information.

The numbers are subject to change depending on other factors but I tried to get an avg and work of that.

This is really a subjective question, but, in my opinion, you'll find some of your best BRRRR opportunites in the Midwest.

Maintain the yard in grounds subject to all City, County, and State of Illinois codes and rules.

I do not wish to offend anyone, but rather stimulate discussion and hear what everyone else's opinion on the subject matter.Quick backstory on how I got here. 

I'll also frequently schedule calls at 9pm-10pm eastern (convenient if I'm calling west coast or other parents of little kids).Finally, I actually take a ton of leave for my side hustle. 

Decide which kind of investor you want to be (Single Family Residence (SFR), Commercial, Storage, Real Estate Investment Trusts (REIT), Land, Tax Liens, Passive, Hard Money Lender (HML), 1-4 Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To" (Creative Financing), Large Apartments, Duplexes, Assisted Living, REOs, Foreclosures, Short Sales), etc.

Podcast episode about exactly that subject --> https://anchor.fm/sean-pan/episodes/33---Why-Investing-in-Your-Backyard-is-the-Best-Strategy-with-Saj-Shah-e3d249?

Real estate is a fascinating subject to discuss, with many techniques, strategies and leverage points based on personal choice and preference.