If it is possible for you to qualify for an investor loan and you find a decent fixer upper in a good STR area you could do a BRRR an really maximize CoC return.

Leveraging debt allows you to maximize your purchasing power by controlling a larger asset base with less upfront capital.

The banks #1 priority is maximizing monetization of the REO, and that does not always translate to selling at that moment. 

Wait till they take a few back and find them stripped of appliances, copper , fixtures , and AC's Banks historically have been horrible at maximizing the value of their assets !

If it's immediate month to month cash flow then they are looking to maximize cash on cash - that's year one cash in the deal in most cases.

I unwound a few of those. by simply calling this person who got the owner to sign it over and let them know I was going to fund the ligitigation against them and go straight to the DA.. quit claim deeds filed back these folks next day sometimes I bought those other times I had them list it with a Broker so they could maximize their cash for their home..

The maxim "those who can, do, and those who can't, teach" is not entirely without merit.  

It works, but there are some best practices to follow to ensure you're doing it properly and maximizing your call time.

As a new investor undertaking my first BRRRR project, I'm seeking advice on raising the appraisal value of a property without overspending on improvements that only enhance perceived value. I've encountered conflictin...

For your first property, if you put your cash flow of $250 a month toward principal payments each month, you would pay off 16 years early without hindering your savings effort for more properties.And as long as the home keep appreciating, especially if it's higher than mortgage rate, than you make money and it's "pretty" safe.The shortcut to residential real estate leverage is actually easy which is just maximizing your DTI.