I want to do the project for the long term hold and cash flow aspect.

We all face those limiting beliefs, comparisons can be tough.

My goal is flipping properties, and I just completed my first project.

Rent increases might have been tough, will be interesting to hear of your success here about raising rents.   

You can spread your properties across different parts of Florida, and that’s going to make it really tough for your entire portfolio to take a hit.

So, while it might feel tough in the short term, these reforms will ultimately benefit property owners for the long haul.

A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!

So if I had an all in of $100k on a project, I would bring $15k of that and they take care of the rest. 

That's a huge achievement, and it sounds like you navigated some real challenges along the way.Your story reminds me of a project I took on years ago.

The projected sale price will be $180k, with a potential profit of $58k.