I’m only about to start the investing in rentals journey, but I’ve spent my whole life with champagne taste and a beer pocket book.

Initially my wife was pushing for the heloc as the method to get our down payment money but I insisted on as closely as possible comparing the numbers to the cash out refi. 

As a result, I didn't include a separate CapEx expenditure as my belief is the $4,673 maintenance/repair item would act as a method of capturing CapEx, capital reserve building going forward, and turnover costs.

Hi everyoneI’ve start in real estate investing April of 2018 and my journey is slow but still moving forward.

So I'm looking into the BRRRR Method and there is this home for sale by an owner in my area.

@Malik Dodds hey Malik, one of the tried and true methods is driving around your target area.

The type of property or method of purchase doesn't matter in a 1031 as long as the property you are purchasing will be used for investment and the closing can meet the required timelines. 

Old school on the fly method. 5 times rent is the maximum you could pay.

This is a great place to connect with other investors and like minded individuals who may be able to help you in your journey to financial freedom.

@Anthony Talarico Jr welcome to BiggerPockets and your investing journey!