Our main objective is to begin purchasing Hold Properties and buy more and more down the road.

My objective is to get cash out to finish up another property I currently own with no mortgage. 

The concept is using your own money to buy a property,add value by rehabbing Rent a seasoning period Refinance at the greater after repair value.Repeat because you got your principle investment backBRRRR

You could also use it to pay down the principle on the primary mortgage (complex vs. simple interest).

While I understand the basic principles, processes, and benefits and have done some research, I'm really interested in your stories, strategies, and advice on choosing the right places to look, what to zero in on etc, beyond the "pick a county... dive in... the state with the best % ROI.... it depends...." etc I know that "on the cheap" sounds like  a loaded term, (just like "best bang for your buck") and is relative to the amount of resources, risk willing to take, and effort...

I supplemented my learning for the lic. exam with a book by Linda Crawford called FL Real Estate Principles and Law.  

I do not believe it would be illegal, but the IRS might object to the characterization of the loan as principal-only payments.  

Still, by today's dollar value, these wages cannot support long term economic sustainability in the overall sphere of economic activity unless the core economic principle is drastically changed. 

I asked my contractor what he would do as he is also a landlord, but I see his advice as not completely objective as he is spending someone else's money by creating work for himself.I called one of the big PMs in the area and asked her if she would be willing to avail her skill set, and she gave us a price of $500 for the 3 units.  

I need to go way lower (under $110,000 per house) to get 1% a month (which is about a 9% cap rate, which is my investment objective).