I didn't interview that many brokerages when I started, and while the one I was at worked, I think I would've been further faster if I'd joined my current brokerage from the get go.I think @David Fernandez does an excellent job summarizing the key factors to consider. 

Reginald did a good job summarizing. 

I'll summarize based on your numbers:You're all-in $260K (assuming 230K cash and 30K loan - however don't forget about closing costs, loan costs etc)The ARV is 300KYou'll have $40K equity, however, you'll probably have to leave $60K (ie 20%) in equity on the refi.

It's a two-way crush of low interest rates coupled with historically low inventory so it I have seen people summarize it as both a buyer and seller market...it's definitely bonkers out there.

To prevent tenants from making their own repairs and deducting the cost from the rent, the landlord should deliver to the tenant an affidavit, signed and sworn to under oath by the landlord or property manager, summarizing the reasons for the delay and the diligent efforts made by the landlord up to the date of the affidavit to get the repairs done.

Even if there are transactions that aren't deductible for tax purposes, having the information pre-organized and summarized will save a lot of time and effort.I would highly suggest for you to have separate bank accounts (if not already) to make the bookkeeping easier and avoid confusions with other unrelated transactions.

But to summarize what I learned from speaking with her:1.

To avoid just summarizing his article: not every property will work as a BRRRR.

So I guess to summarize my 2 cents - be fully transparent, and consult with an attorney about the entity (most definitely don't take legal advice from me).

Susan Horton, 2021 ABoR President, summarized the challenges of this local housing market well: “Our housing market is undergoing growing pains and creating a paradox—affordable from the outside looking in, but increasingly unaffordable for those who already call Austin home.”This sentiment was echoed from economist at the the Real Estate Research Center at Texas A&M University, Dr.