I could simply flip the house but my long-term strategy is to acquire rentals through BRRRR so I'd like to do that here if possible. 

You are in a great market for buying rentals, and simply need to establish criteria that you stick to, so you know a deal when you see one. 

If you hear back at all, I would consider that a major win.  

A smart guy once said "All models are wrong, but some are useful" It takes a lot of experience and discipline to know if your model is useful or if you are simply fooling yourself. 

But the one many don't consider is theft, whether it's from contractors stealing materials, or someone breaking in and stealing tools, materials, or just simply vandalizing the place, causing delays. 

It'd be nice to take on everything at once, but slow and steady wins the race.

Thankyou Assuming he can't simply write a very large check, it sounds like your buddy will be refinancing with a hard money lender. 

The weather here in Phoenix is usually very consistent and enjoyable, which makes me think that this may be a great market for it.For those that may not know, the fenestration business is simply know as the window/door market.

They might not be home runs but base hits can win ball games.I just finished a BRRRR on a home I found on MLS.

Our lives are simply not long enough to let timelines of cycles, of which we can not predict, to be the driving force in our investment decisions.