The exact definition varies from person to person, but I mainly consider them <$40k reno and hitting those items.

Renting by room to the max occupancy to minimize the outflow of your personal cash into the property.3.

Could get a personal loan beforehand to help cover the difference.  

On the other hand, BRRRRs will cash flow slightly.I personally think that the farm purchase is more of an emotional decision for me and I am leaning towards not going forward so I can invest in BRRRRs which helps me achieve my goals more quickly. 

Feel free to message me. 

I personally grew up in Cleveland and invest there so I am familiar with the market.  

I’m new enough to the industry that I actually didn’t know I would have to personally finance the lot.

I think I wrote, and I don't feel like checking, and if I said anything different, I apologize. 

I know personally I have benefit with my 90 home project 20 miles south of Downtown PDX..

My main concern would be using HELOC on personal residence to make first real estate investment, not as concerned with the Roth/IRA but still don't want to make a big mistake on the first one.