If you have a good year you can always pay more towards your balance.

You must refund the deposit (or balance with an itemized deduction list) within 30 days of the tenant vacating and providing a written forwarding address.

You can achieve cash flow by minimizing leverage.  

After so many years of going unnoticed and dealing with difficult customers, my work is finally being recognized by good people and that feels like an achievement. 

You can use a variety of Creative Financing such as a WRAP.WRAP – A wraparound mortgage "wraps" around the seller's existing mortgage, meaning the total loan amount includes the unpaid balance of the original mortgage plus the additional funds needed to finance the purchase.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

This recapture effectively reduces the property's adjusted basis, increasing the taxable gain on sale.Proper planning and tax strategy are essential to balance the upfront benefits with the potential tax implications at disposition.

It can take a long time to get everything in order and you don't want to be under the gun.I will say right up front there will be no life balance for this project IMHO.

Fixer-up multi-families give you a lot of control over value-add, and it’s smart to be thinking about the balance between cost and potential upside.

The only way to achieve a rate that low would be to stack so many points on the deal as to provide a yield high-enough to offset that for an investor.