Thought I'd take a minute and share a video on a 4-unit new build I recently completed and successfully implemented the BRRRR strategy on.

I'm currently a project manager at a telecommunications construction & engineering firm, mainly managing the implementation of new software for our crews.

not in Alabama, not in California. think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes. 

It's totally accurate to say that more and more cities and counties are implementing regulations on vacation rentals.

true cash flow is only going to come either (1) after many years of ownership, when the property is stable and rents have gone up; or (2) with a completely different, probably tougher strategy or niche.think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes.

It can be pretty complicated from a tax standpoint or it could be rather easy from a tax standpoint to implement.

Is there a way to implement a RUBS system of some sort for a smaller property like a triplex?

Avoid putting in cheap items and put in more durable - tile vs carpet, mini blinds vs faux wood, lights instead of ceiling fans.

Potential Middle Ground: Consider Renovating: Instead of selling, you could do a light renovation on the older property to increase its value and attract higher rent.

By taking calculated risks and implementing the right strategy, one can achieve success in real estate.Good luck!