My cabin business (Graceland Cabins) in Gilmer Tx is doing fantastic!

There are some fantastic opportunities out there, but like any other type of investment, some carry a higher risk profile than others, and it’s important to be logical, not emotional, when making such decisions. 6 - Restraint Bias – This is one is familiar to many of us!

So although you may be running a legitimately fantastic rental operation if your tenants perceive there is enough profit for you to drive an “expensive” car then they will likely equate that with they are paying too much.

The outcome is going to be a fantastic duplex, bringing in great rent, in an area that will only continue to appreciate.

@Kevin Walkup I know very little about STR/AirBnB but @David Bergmann is a fantastic STR operator and he may be able to provide data suggestions. 

You can get a fantastic, free/low cost edu right here on BP and by watching youtube videos/reading flipper blogs.Hope this helps a bit. 

Again, just me .02 but any way you do it you made some great choices that have set you on a fantastic path.

This year I took over myself and things are going much better, however I'm still trying to find all the forms and ideally an association I could pay and speak with to get up to speed on laws, processes, forms, etc.In Oregon we have a fantastic rental association that I pay for annually (Oregon Rental Owners Association).

It is fantastic.

So this may be a simple question, but I'm struggling to understand how I myself can begin implementing the BRRRR strategy.So assuming I find a fantastic deal, cosmetic upgrades needed and well under market value, and I find a partner or lender who is willing to provide some capital for the deal, how am I supposed to get the property and get the money lender out if I myself am unable to be approved for a bank loan?