I would like to get information so i assess the best approach to tackle this new real estate market.Ideally, I want to invest in condos and/or townhouses as a starter investment to get my initial experience and add more as I finished my pharmacy program.

Maybe you can pass it along to an investor that has the teams lined up to tackle that much of a job.

Conversely, as a local, it's a little easier for you to tackle a lower-end, higher-CAP unit at first and really keep your eye on it. 

If you decide to back out of the deal, you will lose that money, but if a home inspection reveals a bigger issue than what you are willing to tackle, you will get that money back.

I would usually tackle this type of minor job myself, I have already done so with a few other minor things over the past couple years I have owned the place.

I usually advise new investors to tackle their research in this order: What kind of investment do you want?

They can be very picky on seemingly innocuous items in the house that youd need to fix.

However, it might be too early for you to tackle such complicated tasks like building new structure from ground zero. 

On a practical note, my husband and I have started using the Dave Ramsey seven baby steps method for tackling debt.

If you plan on tackling the BRRRR method, then why not do a cash out refinance now on the property, rather than going through an entirely different process to get the money?