I just prefer the option method.  

Wondering if purchasing an updated bank owned foreclosure is also an option for the BRRRR method, allowing you to skip the rehab step and decrease risk determining ARV?

It also solves some of the environmental/pollution issues we are trying to solve as a society.  

Hi All -  Curious what methods folks are using for new SFH or MF investments to make sure rental income flow.Example-Buy in good school districts for qualified tenant pool?

However real estate investing it a totally new concept to me.I’ve read a few books and done quite of bit of research but I can’t decide if the strategy/method of investing I am thinking of would best work with my current situation.I do own a principle residence with a mortgage + heloc portion (currently have $30k in it with no balance) and minimal credit items on history and have over 800 score.

Are there other methods that might be viable?

I’m new to the BRRR method.

Both situations solve for occupancy, as the son, as one of the borrowers, lives in it either way, but a lenders underwriter may treat the two situations quite differently.

My method works for me. 

If you do have multiple options for property managers, definitely ask them about there policies, payment methods, tenant screening techniques, etc.Here's a great post I found too!