I see many, particularly on BP over complicate their asset protection and spend unnecessarily on entity creation without the businesses to support an independent management company.

bought a condo with hard money. 

Or rent out, refinance , and recoup money else where knowing what I know now .location: southern Florida. 

I didn't have any other properties available to move his family into, and he didn't have any money because he spent $4,000 on this fake rental.

However, there is a tax deferral strategy that could accelerate your depreciation, keeping more money in your pocket today, known as cost segregation.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

A bank, or credit union, or anyone issuing a mortgage, can earn 5% interest from treasury bonds, or a money market account.

I purchased it for $405k and four years later I sold for $530k plus I had paid down the loan and kept that rent money. 

You can made money anywhere even counties with no growth even negative growth, but its easier where there is growth.

I wanted to consider trying this method and wanted to know this:If I borrow money from a lender, go in on a deal with renovations, how can I know if my Refi 6months to a year later will be enough to cover what was borrowed?

The towns are having to spend money on infrastructure, school, and general growth related headaches due to the population explosion.