I am still a relatively new investor and I have been studying the BRRRR strategy and wanting to take action.

I am actually in the middle of a Rehab for a BRRRR strategy and I will be putting a tenant into the property soon and hope to refi out of my short term hard money.  

My question is: if we decide to pull the trigger on this deal what are some creative strategies to optimize my return on this land?

I'm planning on the buy and hold strategy while creating passive rental income.  

Has anybody ever heard of a strategy along the lines of:1: Showing homes in need of repair to potential home buyers2: Have the potential homebuyers tell you what kind of renovations they would want in the house3: Get a contract between you and potential buyers for you to buy the house yourself, do the renovations and then sell the house to the buyers after all renovations are finished.Essentially instead of the homebuyer buying it and then worrying about doing all the renovations themselves after it has already been bought, they can pay somebody else to renovate it before they put money into it then buy it after it is finished.

Newbie here: Is it possible to do the BRRRR strategy with traditional financing upfront or do you have to have a hard money/private loan?

Wait until your sample size is 10 or 20 before you think about the strategy change.Realistically, other bidders may see more value than you or (if these are fixers) they might be DIY folks, contractors, etc.

hi Account Closed is this a strategy you've been implementing?

-Determine a financing strategy-Set my budget-Determine 3 key target markets to focus onSpecific questions I need to get solid answers for:- What is an optimal financing strategy to get me to 10 units in the shortest period of time? 

One of the shortcomings I have experienced is that even though many talks about the BRRR strategy here, but it is difficult to execute if you don't have a good team line up since you are just starting out.