Honestly, if you can get land in the path of progress, at favorable rates, and have a long time horizon (5+ years), just close your eyes and go for it.

Dover is certainly in the path of progress as the Portsmouth market becomes even more expensive and continues to attract jobs etc.

My career has progressed well, and I have done OK.

Once I am able to get some money in the bank, I will make this my full time experience, then I will progress to buy and hold.

Something that is not talked about often, is that the BRRR method presumes that interest rates stay steady.

Figuring 10% for management, and 5% each for vacancy, repairs, and CAPEX.First year cash-on-cash return is 12.42%Yes, I could get a better return if I borrowed money, but since this is in my IRA I'd also need to be thinking about UBIT taxes, and my IRAs and 401(k) have not averaged a steady 12.42% return every year, so I'm happy with that.I know the CALC is not there - but am I missing anything?

My goal is to start small enough I can handle it myself till I can grow to have a steady amount of positive cash flow.I have been wanting to find a local investor to help me overcome of the hurdles that I have currently.

No steady income4.

If I'm not mistaken many investors have 10+ properties that they still owe hundreds of thousands of dollars on and yet have steady renters that cover expenses with extra cashflow right? 

Unit was all original from 1986 and needed updating on interior elements.Complete Rehab: floors, walls, ceilings.In progress Rehab: Kitchen, Master Bath.Planned Rehab: Guest bath.What made you interested in investing in this type of deal?