I guess your method works well for a couple, but I imagine it would be a nightmare once you have more than a dozen. 

I will also shop around for a refinance load if I do another BRRRR deal.

The plan is to find a multifamily we can BRRRR and have a second multifamily by the end of 2022.It feels ambitious but we are really excited.

Maybe it is my market (Live in New Jersey), if this is the case, please let me know which states and cities the cash re-finance method may be more conducive in.

Should I use the rental calculator or the BRRRR calculator.

I'd say we have at least $360,000 in equity in it as I write this (based on estimates from Zillow, Redfin & realtor.com).While we're planning on increasing the rent for the next term if we keep the property, I'd like to learn how I could leverage this equity into substantially more monthly income with little to no out of pocket expense and no capital gains taxes.I have no experience with loans other than FHA or conventional on first or second homes, although I'm vaguely aware of alternative financing methods (asset loans, etc).Any advice on how to turn that equity into substantially more monthly income?

Purchase price: $80,000 Cash invested: $107,140 First BRRRR...

I am currently trying to figure out what avenue I want to take, I'm thinking the BRRRR strategy. 

Some common methods are through strategies like charging extra fees for covered parking or reserved spaces, renting out common areas for parties or events, adding or increasing pet fees, sub metering utilities, and converting unused spaces into storage units that tenants can rent.TIP: Ensure you understand any services that are included with tenant rents and the existing sources of miscellaneous revenue, if any exist.

The property was built in 1908, and I learned first-hand why fixing every part of the property up in a BRRRR is such a great idea!