The thinking being that he can move at a very slow pace so if the house were in our names we could get the ball rolling at move at a rate that matches our timeline.

Take it at your own pace but I say leverage more than you have been.

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).

I'm one of those guys who probably only has enough funds to do one deal at a time, and I would also like to get my money out and repeat the process at a faster pace than once every 6 months.  

I just want to paint walls and put up dry wall and hang cabinets at my pace for a year.

There's another REI networking event on 5/1 usually at the Oops Alley in Pace at 6pm.

I of course would find something that covers expenses but it doesn't appear possible based on my recent search (in Brooklyn or anywhere else in NYC, aside from maybe Canarsie which I don't see changing quickly) My gut feeling is that it still probably is worth it for the long run, but maybe I'm just speculating on appreciation of this part of the neighborhood (southern Bushwick has not had bars/restaurants until less than a year ago and it seems like they're coming at a fast pace), although I would like to hear some opinions on this (would be madness in other markets but maybe in NYC, one cannot expect immediate cash flow?)

Are they simply looking for a "trainee" or could there be a hidden agenda behind this sign?

Construction of new units its underway but there is a current shortage, and for at least the next 2 years new construction will not be able to keep pace with demand.http://jpgnv.com/wp-content/uploads/2017/04/Q1-ApartmentSurvey2017.pdf

If you're looking to acquire cheaper properties at a quicker pace, your best bet would be to work with good wholesalers in your market or REO properties.