The projected rehab costs are ~$37k and the ARV is $127k (the average of two projected appraisals given the rehab scope of work -- $124k and $130k).In bullet point format:Purchase: $59,500Rehab: $37,000ARV: $127,000Projected Rent: $1150-1200 (given to me by wholesalers) but more realistically given current comps and from PM opinions: $900-$1000Loan origination fee: $4,000 (Yikes, I know...)Interest rates: 11.5% for 12 months at at $86k loan, interest-only w/ no pre-payment penaltyI'm financing the property through LimaOne Capital, a hard money lending institution, who is lending me 90% loan-to-project cost (~$86k loan).The numbers don't quite work out as a BRRRR given the rent-to-ARV numbers ($900-1000 rent compared to $127k ARV) -- it won't cash flow, and since my all in costs are ~$105k, I'm going to be stuck $15k.

Let’s say you have 5 properties to choose in 5 different area and all numbers work out very well.

How did things work out with your situation?

I’m reaching out to international investor friendly banks and lenders, if you would like to increase your client base internationally, send me a message and we can work out a strategy to bring other countries to you.

There is so much talk of developing relationships with property managers, inspectors, lenders.. but if you start with a team that can introduce to people they've worked with for years, it takes all of that work out of it! 

Low down payment is what I’m striving for, as my refinance didn’t work out with my last project. 

Before you try to buy a portfolio of 100 homes, you’d probably want to work out the quirks and get familiar with the process.

Hopefully if those two steps work out I will sell those properties do a 1031 exchange and get into a single building with 10+ units.Originally posted by @Eric Carr:There's no answer I can give other than to pick one and make it work.

Not sure I know what the right answer is...things seem to work out in lien states, deed states and hybrid too.

We had to sell 17 different people on why this was a good idea for them and then we had to complete 17 separate affidavits and get them notarized and then work out the closing logistics because the heirs were all over the country.