My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. 

She ended up picking out material that was over the top and we could have saved some money.

I've done this to save some money on the commission side of things by deducting the amount I would've gotten paid from commissions off of the purchase price of the property. 

Which DSTs are you recommending amd which "institutions" have their money invested with them?

If not then you need to use financing like hard money or private money. 

hard money How did you add value to the deal?

Taking a large chunk such as $100K out of an IRA all at once will put all of your income for the year in a higher tax bracket.From there anything you do with the after-tax money is fine.  

You can get into a 3-4 family properties (3 to 4 family is preferred since it is tough to find a duplex now that cash flows once you move onto your next househack) with as little as 3.5% down (FHA loan, you can only have one of these outstanding at any given time) vs. 5% conventional loan (you can have up to 10 of these on your credit report before you essentially run out of space) and create an investment property with little money out of your pocket. 

In the mean time, build a one-room or studio dwelling on the property as well, and then after a year move back to FL.Really wondering if there's a quicker option than "work for a few years to make money and then start." 

The reality is people are making money in virtually every market.