I’m also looking for any meetups that might already exist.

@Michael Ealy Passive income doesn't really exist absolutely, but the passivity here is relative to the deal of hours you put in to have money rolling in.

Purchase price: $80,000 Cash invested: $20,000 Sale price: $154,000 2 bed 1 bath house that we were able to add a 3rd bedroom and 2nd full bathroom too in the existing structure!

@Chris EdwardsRight, I forgot you mentioned there were existing leases.

It's a brand new yellow gas flex lines, that was attached to an existing line that goes to the main valve (that control gas coming into or out of stove). 

The majority of syndicates use the 506(b) exemption so there wouldn’t be limits for you here, except that you might not even know these offerings exist.  

These exist around the country to help you get into your first property with little difficulty.

One thing I have not really seen touched on is how to best handle BRRRR when there is any significant amount of time left on a tenant lease.Any experience or insight on how to best purchase or manage deals with pre-existing leases in place to reduce time it takes to get to re-fi?

Using equity from existing investments to scale up is exactly how may "big" investors do it, @Allen Lopez.

Existing Mortgage Balance: 228K @ 1400/mo (PITI) Repairs: 15kARV: 250KAcquisition Cost (Back Payments): 20K + 5K wholesale fee +2k (title insurance, deed recording, etc)Potential Rent: 2000/moCash flow: 7200/yr or 600/Mo.Instead of renting it, the other option would be Contract for Deed where I would request 5-10% down with a sales price of 250k.