This affordability factor, combined with the potential for long-term appreciation and steady rental income, makes older low-rise condos a compelling investment choice for savvy investors looking to diversify their portfolio in Miami's real estate landscape.BUILD EQUITY – Investing in older low-rise condos also allows investors to capitalize on potential renovation opportunities.

My main source of income is a full time W-2 job with a custom home building company (S-Corp).

Is this rental income just added on as income during filing in addition to my income from my main job?

Prices are high vis-a-vis incomes unless you're a Bay Area commuter.

The method you mentioned (BRRRR) is operating on the calculated risk that the property's value will appreciate enough (after renovations) that you can pull out a comfortable amount of cash and use towards your next purchase... all while the potential rental income from the newly updated property going towards paying down your loan balance. 

However, I am better, at relatively and enough for myself, investing in dividend growth and income. 

If your all-in cost to build for below market value and you are able to place quality tenants, then you should be able to leverage the completed project in a way that allows you to pull out some of your initial investment tax deferred to fund future investments while keeping the rental income and future appreciation.I am a CPA by day and advise many developers on tax strategies.

Not sure about loan LLC situation but if your investment properties are with you LLC then you can use that to count as income.

It also provides the income or arbitrage without the risk or cost to furnish.

., depreciation offsets current cash flow and defers income recognition until disposition) and so are the retirement accounts (tax paid in retirement when distributed) so the tax burden on the money you are borrowing is likely not to materialize for many years.The delta between the 9.5% interest rate and 8.3% average return on the existing retirement account would result in more funds in the account if you take out the loan.