I saw that what they do works, but I don't believe I have enough cash at the moment for their strategy.

Depends on your strategy and ultimate goal.

Unless, you plan correctly with a exit strategy that would allow you to convert with zoning each unit into a condo and thereby selling them one off at condo FMV.

Dan Pezzano Continue to dive into the knowledge base here, but I'd caution you to hone in on a specific niche, to avoid working on 5 different strategies at once.

Where would i lose money utilizing a strategy like this?

It is slightly different is this is a buy strategy vs. sell. 

Should I borrow from my 401K to do my rehab doing the  BRRRR strategy.

What made you change your strategy from buy and hold to flipping?

My plan is to speak with a CPA (which I will do shortly thanks to another BP member here for providing me a contact) to speak about this strategy but I wanted to present this to the community first.

And besides these factors, lies and deceit that are an integral part of any business strategy are wrong.