While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

This strategy could work.

If the bank will call their note if you commit to the transfer you can also check out this article as one strategy that has been used to work around the issue.This is not legal advice, just my opinion as a real estate investor.

Just curious on possible strategies or suggestions from anybody currently thats an agent in the Central Illinois or Chicago area.

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. 

You can adjust them and shorter PPP's tend to have higher rates than long PPP's so keep these in line with you strategy with the property whether you want to hold long-term or refinance in a few years.If you're still looking for financing I'd be happy to help.

Sullivan shares data on America’s Affordable Housing Crisis.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

The seller would use this strategy when they don't have a lot of equity in the house.

I agree with the house hacking strategy.