. :-)BRRRR is such a fantastic advanced strategy, it has so much potential for growing your portfolio with minimal amounts of your own money when it goes well.

If I was you I would get David Greene's book on BRRRR, it is fantastic and I have learned A LOT! 

It was a fantastic decision and is cash flowing very nicely and has appreciated around 10%.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

I have an awesome opportunity to purchase a 6 unit apartment building in a fantastic location 2 blocks from my home.

@Adrian Herrera That is fantastic to hear.

Joseph Romero was a fantastic person and professional!

Despite these built in challenges, the curb appeal was fantastic and the interior was charming.

However, if you want to do mid-terms (i.e monthly), having a duplex could be a fantastic option for traveling nurses and the like.

@Lucas Rodrigues ferro  If you will be working at MSU, then Okemos, Haslett, Mason or Williamston are all fantastic areas to live and commute from.