You're definitely on the right track to explore BRRRR, flips, and MF - Good luck to you :) 

Hey David - Birmingham is a great market, and you're on the right track by building a local team.

There is normally more of a progression as lenders will look for an improved  balance sheet and track record.

Get quotes from multiple contractors to know exactly what it will take to get the project back on track.

I think I’m on the right track but I’m not sure.

I now track my final sales cost against my original estimated ARV against what the best/closest comp was when I first did my ARVs. 

Tracking your net worth as a real estate investor can help you make informed financial decisions.

Hey @Adolphus Fletcher,When it comes to avoiding personal guarantees on mortgages, especially through an LLC or S-Corp, here’s what I’ve learned:In the beginning, it’s tough to avoid personally guaranteeing loans unless your business has strong credit and a solid track record.

This is a nuanced situation, but you're on the right track with your thinking. 

We text through our software which is much easier to track than phones.