General Contracting - How to accurately finance + "sweat equity"?

[Kyle Lauriano]

Hi All, 

General question regarding a first-time investor, who is exploring buy-and-hold properties for renovation utilizing the BRRRR strategy.

My question is when obtaining a small MF property (2-4 units), what are some of the best practices for the 'typical' renovation strategy (I.e., provide more sweat equity into your first property, or use a trusted GC to help assist during this process)? 

I am asking this because even though utilizing the sweat equity strategy in your first deal may save you money, upfront, thus increasing ROI, how can you eventually ramp up your production after you refinance the property and effectively start actively seeking other buy-and-hold properties using the stack method, to grow exponentially--2 units, four units, eight units, etc.

It would seem that since you are trying to automate your time to manage multiple flips, tenants, etc. what is an ideal way to start off?

Thanks for your time on this, I understand this may be a multifaceted answer, but at its root, from an initial investors perspective, what is the best way to leverage time and money to snowball your personal goals?

Thanks,

Kyle