I have another meeting at the next board meeting and it is on the agenda but there is no guarantee that this will be approved so I might be fighting the battle for longer than I want since the condo market is climbing at a faster rate of appreciation.  

Which is fine, but I’m looking to speed the pace up.After having contemplated using the BRRRR strategy in the past, I recently finished @David Greene's book on Long-Distance Real Estate Investing (great read, IMO) and I am going to go full-tilt on getting the money together to do a BRRRR project on my own, out-of-state.I’ve given all this info (and sorry that it got kind of long, thanks for getting to this point) in hopes that I can get some feedback on how to attack that.A few options I’ve contemplated getting the money together for a BRRRR project:Save up enough money to buy a BRRRR project using financing for the initial purchase (likely end of this year).Save up enough to buy a BRRRR project with all cash, and hopefully unlock better buys (likely end of next year, 2019).

If so, then depending on the pace with which you can increase the rent and the investment you need to do to meet the low-income requirements (if any), that will determine if the deal is even worth doing or not.

The house could also use some updates & it would be easier for me to do while we are living in it since I could work at my own pace and do much of the work myself.

Keep going at your pace and in 5 years you'll be doing well

Classes you can take at your own pace on your own schedule 

Divided by your $25,000 investment = 23.9% cash on cash return.So even with the bad numbers we are getting now with expensive financing, your return will still out pace the stock market on an average year by a factor of 2 or 3 times.There are many other advantages.  

These are the areas that are developing at a moderate pace and can still expect to cashflow as rents increase too. 

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.

Cedar Hill seems to be growing but not at the same pace as it was in 1990,2000 and 2010.