Flip Decision: Given the property's price and potential, how can I decide whether to pursue a BRRR strategy or a traditional Flip?

I think you'll be surprised at how different what he does is compared to traditional REI. 

Mid term rentals should be more flexible than the traditional LTR, but it's ok to have an agreement,  and a damage deposit. 

To help, I used Excel to forecast the future value (FV) of both options: 1) leave existing traditional rollover IRA in-place or 2) liquidate the IRA, paying the 10% penalty and 33% marginal Federal tax hit.I'm 15-16 years away from retirement and computed the FV of both options over that timeframe.

.- I could go traditional loan, using primary home HELOC as down payment, so effectively carrying two notes (down payment with higher HELOC rate, balance with current mortgage rate). - credit score is above 800.Any guidance on above options or ideas on other financing scenarios would be greatly appreciated.Thanks so much!

Traditional bank loans might not be in the cards just yet due to your income history, but don't let that stop you.Enter the world of hard money lenders and private money lenders.

Specialized Lenders: Look for lenders that specialize in investment properties or non-traditional property types.

I'm also interested in traditional buy and holds if a good opportunity comes up.

These strategies can sometimes offer better cash flow compared to traditional LTR, especially in markets where property prices and rents do not align with the 1% rule.I encourage you to expand your criteria and consider these alternative strategies.

Since then I have purchased properties off the traditional MLS, Off Market, and at auctions.