So the timeline is dependent on experience, amount of work, contractor trustworthiness and promptness, etc.

Add at least 15-20%Determining ARV is key.Be upfront with your contractors.

Hello BP,I've been working as a Gov contractor providing Cloud Engineer services for a while, but my true passion is commercial real estate.

I understand a fixer-upper would require a lot more work in accurately determining repair costs, finding good contractors, etc., but I think the learning experience would help set me up better for future deals.

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

Ongoing Development: While new housing is coming to the area, Griffin is still in the early stages of its redevelopment.

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

I'd have a Home Inpsector and/or General Contractor go over the place and make a list (Scope Of Work) with a tight budget.

I am not your structural engineer so take what I say (and others most likely) with a grain of salt and best to get a contractor to come take a look at it.

My team and I are traveling next week to meet contractors; look at land for hotel development on the beach side.