Please correct me, and be blunt if my thinking is wrong but it seems like if I move in and live there for one year, I will be able to save money from renting somewhere else while building equity in the property.

Knowing my timeline, do you think it's feasible (and wise) to start by going hard-core into wholesaling, then build up into fix & flips (for fast profit), and then rolling all of that income into buy and holds with the BRRRR method? 

@Jonah Molina Rich dad poor dad is just a guide that has many flaws, but in general it is correct, but not in every situation. 

So then the remaining funds beyond the purchase price go into escrow, correct?

Also, I understand I would be at risk of the "Due on sale" clause, but it is rarely called, correct?

I don’t know what kind of land I’m looking at.By the way, this doesn’t mean my perspective is correct.

Hi  everyone First time using the BP calc , so perhaps I am just not understanding BP method or I am miscalucating however ,, I input a home's data points with all associated costs and the complete  loan amounts, points, fees etc.When the results came back , The ROI was based on the total project costs.. i.e.  

For this reason same configuration units in multi buildings rent for much less than small detached houses of which there are many.1-4 unit properties are valued using the comparison method. 

@Tami Olsen@Thomas S. is correct.

@Jason BocekIf you plan to file your own return - You should look into reading the following form instructionsSchedule E - supplemental income and lossesForm 4562 - Depreciation & AmortizationForm 8582 - Passive Activity Loss LimitationsHowever, you may be better off find a professional who can prepare your returns correctly and provide you tax advice.Your rehab expenses may need to be capitalized if it was paid before the property was livable.You should be entitled to other expenses outside of interest, taxes, insurance(remember paying down loan balance is not a deduction).You should interview a couple accountants here on BP.