So BRRRR would never work with the example you gave, the ideal BRRRR involves you creating 25% equity in the combination of purchase and rehab.

They have to connect to an internet connection but you can easily solve that by setting up Wi-Fi in the house or using a cell phone hotspot.

Ideally I would like to find a multi-family house, where I could occupy one of the units and house hack.

We would like to use FHA or low down payment conventional financing, so purchasing as an investment and then moving there is not ideal (or legal based on mortgage fraud I would think).I spoke with a lender and they were saying they cannot loan on CA income.

Ideally we wanted to renovate their unit, but because they paid consistently and on time we focused on the many other repairs we needed to do.

My day job is at the anschutz medical campus so ideally, the location wouldn't require me to commute longer than 40min each direction.Thank you!

@Tom Donnelly I do indeed have a cabin with no internet, and it is my highest performer. 

I rent it long term rental for 1000 a month and current market value is around 115k for the condo.Do I use the equity in the condo to buy another property or sell and then buy another property.I would ideally like to buy somewhere south where it is warmer.Thank youNick

Put on internet.

The property will not make money, I would ideally have a roommate to help me split the mortgage.