It most certainly is not a method of analysis on which you would base a purchase decision - for that you want to breakout your favourite slide-rule, or spreadsheet, and carry out a full discounted cash-flow analysis of the property over a projected hold period.If not already in your library, I would suggest picking-up a copy of @Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow" and working your way through it as a starting point to property analysis.

If we did it as a BRRRR we would not be complaining so much and we would be finished with it.  

Be professional, carry yourself in a mature manner and be methodical in your ventures.

Sometimes the simpliest marketing methods work the best. 

What other screening methods are you using?

So had anyone in BP ever done a BRRRR on Condos and how well did it go? 

I like casting a wide net vs using one or two methods exclusively.Happy hunting!

Please let me know if you are aware of other method to aquire investment properties. 

I'm on the BRRRR plan and have found it cheaper to refinance with HELOCs rather than conventional mortgages.

Your crossing into unchartered waters in many a facet, and, although I follow the method to your madness, the deal sounds like a dog with fleas.