Other unit is where I see the value add for possible BRRR.Both units currently rented for $1,350 per month ($2,700 total revenue per month)For evaluation sake, I calculated that I had to pay full asking price, $3,000 annual taxes, and $2,000 annual insurance.Self manage the property, 8% vacancy, $100/month maintenance expenses, $100/month Cap ex, and $100 utilities.$64k down, and another $15k rehab to bring the 2nd unit in line with the 1st.I come up with cash on cash return of around 9.3%.

I recently finished "Set for Life" and in it the author suggests keeping your investment savings (not your emergency savings) in the stock market so you can ride the general upward slope of the economy before you utilize it.

Who is everyone using for insurance? Going around in circles here, have a three unit building in south amboy area looking to insure, going to house hack and live in one of the units.  Who do you recommend for insurance? 

You gave me some great info to utilize in these conversations!

Typically buying them between $10K-$20K which means you would need to pick them up for less than that to make a profit.

In May 2017 the boiler had a backdraft and the carbon monoxide detector when off in the utility room when off so they evacuated the home and called the fire department.

Other holding costs include insurance, utilities, and lawn care.  

I would have them post a performance and payment bond for the build (so you have recourse if it goes belly-up) and have them name as you additional insured on their insurance policy.Don’t forget to check the utility infrastructure to the site.

(make a sincere, realistic offer and included your closing agenda)step 5 - use a cheap, industry specific printer (we spend less than the price of a stamp to get the whole thing printed and mailed)step 6 - wait for signed offers to come back and pick the best ones to purchase!

I definitely agree with you in that in the beginning, you should pick one strategy and master it before assuming it doesnt work and moving onto another strategy.