If you need to replace 2 ACs for $10,000 and they usually last 10 years (they dont make em like they used to), you've got to amortize another $1,000/yr for those in a capex budget....and that's just ACs...think furnaces that can last 15, roof that's got 25-30, 2 water heaters.

Partner Driven funded 100% of the purchase and rehab, covering the $140,000 acquisition and $62,142 renovation budget.

Partner Driven funded 100% of the capital required, including the $295,000 purchase and the $182,807 renovation budget.

Faster underwriting.They understand ARV, rehab budgets, and timelines.

Partner Driven covered 100% of the funding, including the $80,000 purchase and the $55,000 renovation budget.

When a deal is more of an equity play than a cash-flow machine, the tenant experience becomes your competitive advantage, especially in HOA communities where you can’t do much outside.A few things that tend to move the needle for renters without blowing your budget:1.

The next step is understanding how the numbers actually work in real markets and what makes a deal worth keeping versus flipping.Focus on mastering these four pieces:• buying deep enough below market• knowing your rehab budget before you close• using lenders who loan based on ARV• and running the refinance numbers before you ever swing a hammerOnce you understand those, BRRRR becomes a repeatable system instead of a one-time project.

Even if you’re not in the U.S. yet, this market can work really well with the right team on the ground.A few quick guidelines:South Side:• Generally more stable for new investors• Strong rental demand• Solid cash-flow neighborhoods like Layton Blvd, Burnham Park, Lincoln VillageNorth Side:• Higher cash flow potential but also higher management needs• Only recommended if you have a strong local property manager and contractor• Look for pockets near Sherman Park, Midtown, Old North MilwaukeeIf you want, I can share a more detailed neighborhood breakdown or help you match the right area to your budget and strategy.

Anything you would approach differently given my goals and budget?

That's where your local team (especially your contractor and ops person) becomes so valuable—they're the ones who will help you build a realistic rehab budget, which is the number that will make or break the deal.Best of luck with it!