I would definitely recommend getting some assistance since Real estate can get very complicated very quickly.

@Timothy AhnSure for a brrr technique.

Looks like a win to me at every possible angle.Secondly, I suspect you'll find that your 2nd and subsequent BRRRRs will lead to similar if not better results so you are well on your way to a successful real estate investing career.The question I have for the group is what Return on Equity do you look for on your properties if you are using the BRRRR technique.  

This is a noble idea, but the difficulties usually happen when life events (the "dreadful Ds" = disease, disability, death, divorce, disagreements) complicate things.

You may find yourself looking at some larger deals through the accredited only syndicators and most likely with more complicated waterfalls and debt structure, but I wouldn’t think it makes the deal any different better or worse.

Either that, or the provision states "Tenant pays co-pays but if the repair was due to normal wear and tear, landlord shall credit tenant and deduct the equivalent co-pay amount from the following month's rent" - I don't know... these home warranty programs just sound like a headache to deal with and actually more complicated than just finding a good handyman that you trust and have a good relationship with who can just take care of a majority of issues. 

The good thing is that I've know (actually still know) people who have made six figure incomes using this technique, meaning becoming a buyer's broker.

How that works exactly is a bit more complicated.

So maybe have two different LLC instead: The operation LLC leasing the building from the building LLC.Last evaluate if your mortgage lender would raise a due on sale clause for the transfer and if you need to use some masking techniques like a land trust in between.

Contact your realtor and look for anything quad or less as anything over becomes more complicated.