Quote from @Justin Jefferson: Hi my goal is to also create ownership and build my assets for the future.

.- Your maintenance and repairs will be mostly limited to the interior of the property as the condo management will maintain the building- You won't have to worry about tenants maintaining the grounds around the buildingCons:- Condo fees may change drastically over time and it's largely not in your control- Condo bylaws can be tough to work around.

Is it a better idea to wait longer and build more equity and then pull out more money?

Simply look at any large apartment building.

If there is anything business has taught me is that sometimes you have to put in sweat equity to build a lasting relationship. 

Below that is a parlor floor, which has the highest ceiling in the building and this floor is connected to the ground floor via an interior staircase which we added doors to both ends to break up the lower duplex into two separate living areas.  

It was built as an office building in 1888.

Build a local team for cleaning and repairs to streamline operations.

Start small, build a strong network, and conduct thorough market research to align with your investment strategy.

It took time to build trust, but it paid off.Collaborating with Local Wholesalers: I can’t tell you how many deals I’ve found by working with wholesalers who had properties they couldn’t sell quickly.