That method seems like it would work here.

However, the BRRRR method could be applied in the inland empire - think San Bernadino, Victorville, etc,  You will just need to really find a good deal.

Having confidence on your salesperson ship and methods used for marketing will help you on being sucessful.  

Which method did you go for your deal?  

The NWMLS PSA used here in WA has a standard Method of Payment Addendum that will address the details of a wrap or regular seller carry.  

I'm hoping to learn all I can from BiggerPockets and hopefully get some social networking in to find other people who have found this method of investing successful.

If you had carpet there the height of the Ditra (less than 1/16") plus the tile will more than likely equal the height of the carpet (or less) so no trim needed in most cases.

I have been doing a lot of research on all the different methods in real estate.

I think the BRRR method is an excellent way to get a great deal and keep a cashflowing property.Question 2- For your first property (or couple properties) I would suggest staying away from 5+ units.

My contractor placed his bid to do all aspects of the renovation and then I did things like you mentioned, painting, help with clean up, hauled away trash to trim some of the costs.