Was able to BRRR with very little money left in the deal after refinance, Found renters and now have a cash flowing rental with a decent chunk of equity available.

As of right now I am 15 years old.

I don’t have months and months of rental income but I’m now forecasted to make I believe part of the requirement for the loan was that you occupy the property for the first year.

We purchased a house back in 2017 for 140k that is now worth approximately 265k.

Do you have insurance for your appliances, if the tenant says the washer stopped draining the water and now their clothes smell like mildew, do you know how to schedule service with warranty or call an appliance tech?

In the general environment right now, state regulators are looking for every excuse to go after "real estate investors".

If it was found that you took on a tenant after closing (within the first year) and now you are looking transfer title then yes the due on sale clause could be executed or worse. 

I learned this one from (now disgraced) real estate mentor John BeckWhat John used to do was go to tax auctions, and buy the odd, probably worthless lots nobody wanted.  

It will allow me to purchase a larger deal by having access to heloc and pay it down within a year 3k per month from combined cashflows from other rentals. 

Now that we’re back stateside, I’ve begun this boots-on-the-ground service in our local area.