Hi  everyone First time using the BP calc , so perhaps I am just not understanding BP method or I am miscalucating however ,, I input a home's data points with all associated costs and the complete  loan amounts, points, fees etc.When the results came back , The ROI was based on the total project costs.. i.e.  

I kind of figured that would be the standard advice and you are completely right, *I* do not want to be the one dealing with an eviction.What has been your experience with owner-occupied foreclosures?

We are excited to get our first BRRRR completed and I'm sure we will learn a lot along the way.

To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit each, and purchased 3 rental properties netting you $3000 a month in total.

It is completely legal.

Different breeds of dogs really do have completely different personalities and energy levels.

Outside of meeting with an "investor friendly" agent while in each city, what other in-person tasks should I try to accomplish to gain a better understanding of the potential upside to the rental markets.I have renovated and rented a multifamily property before so I'm not completely new to the game, but analyzing out of state farm areas is a relatively new path that I have yet to explore. 

Do I need two separate depreciation schedules starting in two separate years even though it is one project that didn't have any utility until completion in 2018? 

To simplify things, I like think of repositioning MF properties as just flipping “bigger homes”, but I know it’s a different animal completely, especially the part of managing the income/expense game with inherited tenants.

I'm not completely solid on what balance I will find between commissions from investors, commissions from more traditional home sales, and cashflow from rentals, however I'm diving into it with an open mind to see where I find opportunities.