That one didn't work out to well no fault of mine. 

It allows them to see the difference between the symptoms and the actual problems, and lay out a plan (financial) that works.The Algebra teaches how to analyze that problem, and work out the solution mathematically...with $$$ in front. 

I believe that placing tenants is by far the most labor intensive part of the business, and typically a loss to your overall time/profit.

Go after your goals with both eyes open and at least 4 contingency plans in your playbook in case #1 doesn't work out.

I am all about having multiple plans, so if the rental aspect doesn't work out and i have to sell, I could use the 40k equity to jump start my long term goal of out of state multifamily rental properties.

I will tell people straight up that I'm probably not the best person to ask having only lived in the area for ~6 months but I've never felt unsafe aside from the 2 nights of intense rioting.

Hi @Greg Elfrink,BRRR strategy works well just about anywhere but is a time-intensive activity until you get to the refinance stage.

New home sales are only a small part of the housing market but they can have an outsized economic impact because homebuilding is labor-intensive and buyers typically also purchase a lot of adjacent goods, such as furniture and appliances."

You can also make a spreadsheet that tells you the same thing, but it's much more labor intensive. 

I honestly think for us it will work out better in the end to own the property without a partner just wondering how to structure this up front becuase we won't be able to fund the project without him.