If you want potatoes for dinner once would you rent out a garden plot, buy seeds, water your plants daily, and harvest in 4 months?

I have a solid friend who just in the last year or so has retired from his daily grind and does real estate investments full time .

We would like to find local wholesalers to work with to help bring us greater deal volume.

I can get a decent volume of deals for ~10% under market value, meaning if I BRRRR I'd need 20% of the home value each time I want to purchase a new one and it won't be close to me pulling out all my equity.Under these limitations, if the end goal is to generate substantial income, would you still recommend I do BRRRR just a bit slower, or is there another strategy I should consider to scale my portfolio?

I found checking the MLS daily was a waste of time...when i could spend my time doing other things like following up with off market leads. 

Get specific in those details in terms of number of units, square footage, rehabbed/fixer upper, and start analyzing those deals daily.

You’ll be surprised how many people that I knew said why would anyone wanted to rent my place daily.

I've been put on to BP by a friend and have been eating up all of the podcasts and listen to them on my daily commute! 

Here is a breakdown of the closing costs: - 0.25% of loan amount (points): $638- Origination Fee: $895- Appraisal Fee: $575- Credit Report: $66- Flood Certification: $7- Inspection fees: $125 (only applies if appraiser requests fixes)- Title - Settlement Fee: $495- Title - Courier/Overnight Fee: $75- Title - Endorsement: $150- Title - Lender's Title Insurance: $1252- Title - Mortgage Payoff: $75- Title - Searches: $265- Title - Wire Fee: $75- Recording Fees and other Taxes: $320- Transfer Taxes: $2553- Homeowners Insurance Premium (12 months): $780- Homeowners Insurance (2 months reserves): $130- Property Taxes (8 months): $6120- Personal Rep Fee/Borrower's Attorney Fee: $650- Title - Owner's Title Insurance: $685 (optional but I will get it to be safe)- Daily Interest 11 days: $221.19

We had an accepted LOI in early March, but rates were jumping around on a daily basis and we had to put that one on pause (they ended up doing a refi because they got an incredible deal).