@Justin Dyer 2 things:1- I am a partner in a property management company in Richmond, VA and invest in Richmond using the BRRRR method.  

Are their listings detailed with good quality photos?

Hi @Allie Barke, CapEx or condos are waaaaaaaaaaaaaay lower. https://www.biggerpockets.com/blog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The article does a good job of listing the costs line item, but does require adjusting based off the quality of your condo, and your market. 

Appreciate the cautious words surrounding the BRRRR method. 

Has anyone purchased a single family home or Duplex in WI using this method?

Invest your money into quality cashflowing local properties, then use the proceeds from those to fund vacations.

I think I’m going to go with the wholesaler route for a bit and see how that works out for me and then try the other methods if I’m unsuccessful 

In fact, because most checkbook plans offered by quality providers come bundled with meaningful support, you actually have better guidance and lower risk than working with a custodian that is purely a processing agency and cannot provide guidance by rule.Lending works well in an IRA, as it produces passive interest income that is fully tax sheltered to the IRA. 

I adviced him to use a cash for keys method.. let's see which happens first

Another method would be to hire a mentor to help you.