Investing institutionally on behalf of our fund investors sparked my desire to pursue my own investments and create wealth independently.For my first property, I plan to use the BRRRR strategy, likely with the help of a hard money lender.

Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.

Or, you could buy a generic condo in Orlando, put crap furniture in it with bad photos and lose a lot of money...

Hey @Matt Agnew I would get a friend or someone who knows you to lend THEIR IRA money to YOUR IRA.

They will save you time and money. 

all of the units were updated except one, which I did put alittle money into to bring it update to date with the others, so that would have helped the value a bit I would think almost a year later. 

The Strategic Neighborhood Fund is pumping money into key areas, and it’s making a difference.

When my business partner and I were still flipping we bought a couple through Auction.com and we always used a private money lender to fund those and our other flips. 

Did you use a hard money loan for this? 

Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.