They are usually run by picky retired people who love to stick their nose into your business (a generalization... but often fitting!).  

I have heard from multiple people about renters who refuse to pay rent and it may take a while to get them to leave.

I have two people in one unit who have told me they prefer to put ALL their clothes in one big cycle at the laundromat and simply pay $8-10 for the wash and a couple dollars for the dry so they only have to do one load and spend only an hour and 15 minutes doing it as opposed to 4-5 hours for multiple loads in my cheaper machine.

.🌟 Because here's the scoop: the most successful people aren't the ones who grind non-stop.

I also would like to take advantage of Vendor Takebacks or other forms of using other peoples’ money.

Contrary to popular belief, partnerships are not ideal structures for people with NO money.

@Desmond Dunn - I love talking to people about multi family syndications.

There was a tenant that was evicted so there were people living in the house a few months ago. 

@Jeffrey Richard, I know a few friends and people that are having great success with their STR's here in South Florida.

Hi - people certainly do utlize strategies like this - however, as other commentors have noted - DSCR Loans have emerged as an LLC-friendly and short-seasoning-friendly option for BRRRR investors that allow you to do everything by the book and not have to worry about a lot of this.Sharing this article I wrote last year on BiggerPockets on this topic - financing options for BRRRR strategy and pros/cons of eachhttps://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...