We spend thousands of dollars per month on fraud detection systems and they are virtually impossible to catch without them.

Hey Hey @James Friar - That's a challenging space to get into from the get go, but no impossible. 

I find this harder to do but it's not impossible.  

Current home is on a conventional loan and getting a loan for the second home seems almost impossible.

It's impossible to scale. 

My Advice is that it is almost impossible to cash-flow any investment property by paying $0 down.Many people have to invest 30% to 40% down to cash-flow on a property.It is no big deal that you lost $20,000 in valuation on the property.

Taking partial payments can make it hard or impossible to do an eviction if needed so be very wary of that!

Lenders can be cautious, but it's far from impossible.

For a BRRRR to work, you would need to purchase the home for approximately 25-30% of today's market value, which would be near impossible.

The IRS wants to see that you’re actively directing and managing the business — things like approving budgets, coordinating repairs, analyzing performance, and making operational decisions — not just reviewing reports or responding to occasional updates.So while it’s not impossible, it’s rarely achievable unless you’re very hands-on, even from a distance, and have solid time logs to back it up.If you’re interested, I can share a free REPS tracker that helps you record and organize your hours.