It is helpful to think back to your entry level economics class in which you studied supply and demand, because many of the risks involve a disruption to one or the other.

Quartz is too much money, get an entry level granite.

For ease of data entry and readability, I kept the codes short, the two character state code, and a three character property code, so the code for one property as an example would be "NY:BAY", and if I go down to the unit level would be "NY:BAY:01". 

I’ve been looking into Birmingham because of its solid macroeconomics and low median entry points and I was wondering if anyone has experience BRRRRing properties in Birmingham using hard money.

They perform repairs, secure points of entry, clean interiors, and maintain exterior landscaping.

Cost of entry to Austin precludes a lot of CF options but I still like the market here if you can find a good deal.

As an example if entry is $100k to MF syndication then sponsor will ask for $100k in bitcoin value.

I don’t see this being a great rental option, so I’m toting that line as well of where will I see my biggest return.My thoughts were; running water, working/safe electric, secure entry points and the aesthetic basics.

I invested for 8 years prior to ever working with a partner (although residential does have a perceived easier barrier to entry.)Best of luck on your venture and congrats on being debt free!

A no smoking sign next to the pool table and over the entry to the rec room.