Thanks for the tips Ashish!

So, the 500+ hours you worked could potentially count for this year.Once you hire a property management company, it can be harder to meet material participation requirements, but if you're still heavily involved in maintaining and updating the property, it could help.

The most critical tip is to start by determining whether (and also when) cost segregation can help you in your particular situation:https://www.biggerpockets.com/forums/51/topics/1075919-five-... 

To be clear, this property wasn't purchased with the BRRR method at all, it was purchased with a VA loan. 

Flips still move fast, but rising material costs and longer timelines are squeezing margins.Some investors are layering alternative funding (bridge + rehab draws) so the money arrives as the job progresses.Would love to hear your go-to funding structure when costs creep up.

Any tips or suggestions are welcome.

Tip though.. 

Quote from @Shameka Henson: Hey Ya'll, thank you to everyone for so many informative responses and actually reaching out in text or callsSo I'm getting my first BRRRR ready for the appraisal process and need some tips and tricks.Some tips I've heard - 1. do Not put keyed locks on rooms if you plan to rent by the rooms (put them on afterwards)2.

Now you may have to get it rezoned , this may take a year or two and you have to fight some neighbors , then you hire an engineer to lay out the lots , roads , water and sewer , which isnt cheap and may take another year or two .

@charles @Charles Ayanlekeinteresting read - thx for sharing.