Hello BPbeen poking around for a month or two, figured it was time to make an intro post.Always have had an interest in REI but never was motivated enough to go towards it.I work a day job ive largely hated for years HA, but consider myself a fairly handy person, understand mechanical things, so the idea of the BRRR method is very appealing to me.

Can I appeal this appraisal and what are the chances they fix it? 

When your current tenants move out and you begin to search for their replacement, you want the property to be appealing and marketable. 

Try to appeal your taxes. 

This was a upper middle class rental neighborhood that maintained relatively nice exterior homes, so we ensured curb appeal was always maintained.

For those interested, here is my understanding so far:Fill out a formal request/use permit and submit to the city planning office with a $660 application fee (crazy) Request will be presented to the planning commission that meets first Tuesday of each monthRequest will be heard at the City Council the month after the planning commission hearing Request will then be presented at a public works discussionSurrounding homes in the neighborhood will receive a notice of my request with the option to appeal ???

Also changed out some door knobs, mulched the yard (curb appeal), put a door on the laundry area, changed out a garbage disposal, a/c filter, and a water filter for the fridge was about all we did.

However to make your property appeal to students, you need to be very close to campus.

It lets you use favorable financing terms but start to learn the landlording business (with the downside that your tenants know where you live, but no strategy is perfect :)So I'd recommend networking with some folks and asking them what they're trying or what's worked for them, with an eye toward seriously considering that strategy as a first one to try, but being open to others of course and whatever really appeals to you.Good luck and let us know of your progress or questions along the way of course :)

The built in equity and velocity of money is very appealing with BRRRR, but the process sounds much more involved, especially for the first time around.