Compliance items such as adding smoke detectors, hand rails, fire resistant garage entry-door and new stairs outside.

I would give her two weeks to move everything out and hand over the keys to an empty apartment.

On one hand, if a sponsor was that successful in flips (high margin, fast turn), they wouldn't need a fund.  

You will learn the most from first-hand experience.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

I have attended local meetups so that I can have a handful of experienced folks who have resources to share.  

You’ve already got a head start with hands on experience.. and you’re probably way more prepared than you think.That first property can feel both exhilarating and terrifying, so here’s what I’d focus on:Cash Flow & Analysis..

On the other hand if you wanted the total investment to be $200K it would most likely be a condo or townhouse. 

I have a handful of SFH rentals in northern Texas.

The bottom line is that you'll want to learn from someone for the first handful of deals and progressively take more and more on yourself until you can fly on your own.