@Yakir Aloni the entire concept of the BRRRR Method is so that you don't have a downpayment.  

The concepts of wealthy and poor are personal decisions.

Get it rent-ready, since tenants rarely notice the small flaws that owners do.Because you qualify for a VA loan, moving into a simpler home while keeping your first property as a rental could give you both income and a fresh start.In the end, it comes down to your priorities.

Sometimes I think of the differences between Microsoft Word (which has EVERYTHING but you might not use it all) and Google Docs (simpler, has the basics, but not all the extra stuff).

Unlike typical 'eatertainment' venues or sports bars, this concept puts wellness, family, and active living at the center—complemented (not driven) by food, beverage, and social programming.Core FeaturesSports & Activity ZonesIndoor pickleball courts (climate controlled, 4–6 courts)Indoor/outdoor beach volleyball courts (convertible for basketball/futsal)Golf simulators & mini bowling lanesTrampoline park + gymnastics/karate zone for kids/teensWellness & RecoveryYoga, Pilates, meditation, & HIIT studiosSauna, cold plunge, cryotherapyStretch Lab–style recovery center (guided stretching sessions, memberships, group classes)Waterfall garden + relaxation space away from active sports areasFamily & CommunityDog park with outdoor games + beer garden/shaded seatingRunning/walking trail with landscaped connectionsOn-site trolley to connect 10 acres of amenitiesSignature lazy river wrapping the propertyEntertainmentLive music stage (concerts, DJs, open mics, festivals)Event lawn for community markets, tournaments, and seasonal activationsFood & BeverageFood hall with rotating local chef pods (entrepreneurship focus)Morning coffee, juice, and healthy breakfast service tied to wellness classesLiquor license for controlled, property-wide sales (alcohol as complement, not driver)Programming & ActivationA 7-day calendar ensures consistent traffic and appeal across demographics:- Mornings: wellness classes + healthy breakfast service- Afternoons: after-school clinics + corporate team sessions- Evenings: leagues, trivia, karaoke, esports, family game nights, markets- Late nights (weekends): concerts, DJ sets, festivals, after-hours crowdRevenue StreamsCourt & bay rentalsMemberships & leaguesFood & beverage sales (partnership rev share)Wellness services (stretch lab sessions, day passes, memberships)Events (concerts, markets, corporate rentals)Sponsorships & naming rightsTrampoline/fitness zone admissionsTarget MarketPrimary: Adults 25–50 seeking active, social recreation with wellness focusSecondary: Families, sports leagues, and corporate groups during daytime/weekendsTertiary: Tourism and visitor spillover from SWFL’s growing destination marketDifferentiatorsWellness + family integration (unique for this type of complex)Signature lazy river as both a wellness and entertainment attractionLocal food entrepreneurship via rotating vendorsYear-round activation calendar to ensure constant useAlcohol as complement—not driver—to active recreationClimate-controlled indoor facilities for consistent playPhasing the BuildPhase 1: Core sports courts, food hall, bar, family/kids activity zone, and event lawnPhase 2: Wellness + recovery center, simulators, bowling, dog park/beer gardenPhase 3: Lazy river, trolley service, expanded outdoor landscape, and concertsPotential Challenges to Solve EarlyZoning & Permitting: Mixed-use recreation, wellness, and entertainment will require layered approvals (PD recommended)Site Selection: Large footprint and 200–300 parking spaces required; access is criticalCapital Requirements: Likely $10M+ at full scale; partnerships or phased funding may be neededOperations: Complex amenity mix requires strong GM and specialized team leadsLand NeedsPhase 1 – Core Sports & Food Hub:- Indoor pickleball courts: 20,000–30,000 sq ft (~0.5–0.7 acres)- Beach volleyball courts: 12,000–18,000 sq ft (~0.3–0.4 acres)- Bar & rotating kitchen hall: 8,000–10,000 sq ft (~0.2 acres)- Parking: 150–200 cars (~1.5–2 acres)Total: ~3–4 acresPhase 2 – Entertainment & Wellness Expansion:- Golf simulator lounge + mini bowling: 8,000–12,000 sq ft (~0.2 acres)- Yoga/sauna/wellness center: 5,000–8,000 sq ft (~0.1–0.2 acres)- Event lawn/live music: ~0.5 acres- Additional parking: 0.5–1 acreCumulative Total: ~4.5–6 acresPhase 3 – Signature Lazy River & Enhancements:- Lazy river: 20–30 ft width x 1,000–1,500 ft (~0.75–1 acre water + deck, ~1.5 acres total)- Expanded courts/event space: ~0.5–1 acre- Landscaped greenbelt areas: ~0.5 acresCumulative Total: ~7–8.5 acres minimumWhy target 10+ acres: Provides buffer zones, future growth space, and avoids maxing out footprint too early.Zoning & Entitlement PathThis project spans several land use categories, so a Planned Development (PD/PUD) overlay is the cleanest path.

The market is still affordable enough to find properties in the $120K–180K range that hit the 1% rule and cash flow from day one, plus it’s very landlord-friendly, making property management a lot simpler, even for out-of-state investors.

If you’re not looking to manage a project, though, selling to a developer directly is usually the simpler and safer path.

@Tricia York - These days I start by running all such lease modifications by ChatGPT to get my concept and language right.

After you internalize this concept, we can then talk about time value of money and NPV - which is a big reason why you wouldn't want to accelerate pay-down of your mortgage. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.