When times get tough, people downsize. 

We have a whole group of people that do creative financing, STR, etc that would be great to answer these questions for you. 

I've talked to a couple people successfully flipping here and doing BRRRRs.

Outdoor fenced space and smart home tech is expected in most BFR.Maintenance experience is the number one reason tenants leave BFR.BFR tenants are stickier than multifamily.Leverage lessons learned from BTR pioneers.Prospect pool For BFR overlaps multi and scatter sites.BTR residents often want less onsite people presence.

This is a great place to learn and to meet people so take advantage of all the great resources.

I personally think it's easier to get a general contractor's license (especially here in Chicago - it's almost sad how easy it is), but that just means there are a lot of bad contractors.Almost all states require architects to take a state licensing exam and need to have a bachelors degree in similar field to even take the test.I found for me, if I can just find people who are really good at what they do (and enjoy it) I can let them do that and I can just focus on finding deals and building the team.  

Also what do people recommend for remodeling?

what modifications do they want to do if there are people who are mobility impaired.

I am basically the traditional Asian family that spent my entire life saving money and purchasing a place in New York City, and after trying to survive for a while I find it too hard now that it’s 2 people and decided to move back to my hometown and do some investing looking for cash flow in particular.

Also, gauging whether or not you align with the ethics and culture of the company is crucial considering those are the people you are going to be spending the vast majority of your time with.