@Robert HowardPretty much what @Andrew Postell said.The concept of BRRR is to buy a property at a deep discount to its current condition and rehab it so that your refi of 75% of ARV pretty much pulls much of your initial investment back out.

So there are things that could kill the deal or make my offer significantly less if found out, but is that info delving too deep before showing that I am serious?  

@Gustavo Munoz Castro  Hey Gustavo,If you are looking for investment properties, I work for an investment real estate brokerage in San Diego and we find 6-10 off-market discounted properties per month.

you only owe them for the days they could not use the house. i would generally do discount equal to rent but you could do hotel but set a limit of a decent hotel in the area.  

hi keenen and welcome, as far as the 5 rentals I wouldn't concern yourself just yet, unless you have deep pockets and are planning on purchasing all 5 right away, a good mortgage broker and advise from here will guide you down the right path, by purchasing with companies, partnerships, etc. 

I would definitely follow your cold call up with a handwritten note thanking them for their time, summarizing what you guys spoke about, and reiterating what you do that might be able to help them.Also, don't go to deep into the cold call.

You may luck out and later on she could give you a discount on the 2nd if she needs the $ (that is what happend to me on one of the 1st ones)  Good luck. 

There will be blood on the streets and those investors who weathered the storm will have plenty of opportunity to buy at a discount.

And of course, getting over the hump to do my first deal while simultaneously getting my own place at a discount to the going rental rates of the area.What do you think?

@Tom Keith I have actually been trying to work up some interest here in deep east Texas.