This would be my strategy.

My niche is single family/townhouses to start, with a strategy to buy and hold for the long term.

I'm wondering who out there has had success implementing the BRRRR strategy in the Midwest or in some other high-cash-flow area while living out of state.  

Anyone having success doing the BRRRR strategy or a close variant out-of-state (or long distance in-state, I suppose) while living in Austin?  

Yet I see investors doing crazy things like this in real estate.Better in my opinion to take a diversified approach to real estate. 1/3 in wealth preservation strategies without partners like performing notes at 50% LTV (which I have) or tax lien certificates.

We have direct mailers, door-knockers, secret niche strategies that few know about, etc. 

If you'd like to get together and talk about local strategies that are working, I would be up for that :-)   There are also a bunch of investors and clippers that are planning on getting together on October 10th. 

Only strategy I've seen work here is to assign a lease/option. 

I think it depends on your current financial situation and what strategies do you plan to go after? 

If all goes well, we'll use the BRRR strategy to get 2 more in 2018, and over the course of several years work our way to 30 doors.