I understand that completing long distances BRRRRs is a different kind of animal, so I am hoping to glean insight from investors who have successfully gone down this path.

Quote from @Joshua Parsons: Hey everyone,Im curious if anyone has really long distance investing (international)? 

I do a good bit of long distance real estate investing and I am considering going into as new area. 

Due to time constraints (I was a graduate student), I've been holding all my investments passively in ETFs.

I can only think that this grows as we move into the typical buy/sell season.I assume that your buyer funnel is full, and a lot of people have the want to buy with a constraint or two (rate mostly) of some sorts and you're working with them to execute their purchase at the right time while working around their constraint.

Our approach enabled Carol to focus on executing the project without financial constraints.

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

Given your financial constraints and the property's ineligibility for historic tax credits, this approach allows for reinvestment into assets more aligned with retirement account rules.For future real estate investments, you don't need an LLC for tax reasons.

If the only constraint is you don't want to manage it from a distance, why not just hire a property manager? 

This method is helpful if there are time constraints on obtaining a cost segregation study, but it is not the most accurate.SAMPLING OR MODELING APPROACHIn this approach, a cost segregation study is performed over a sample of a large portfolio of properties that are very similar in terms of appearance, use and construction.