I guess my challenge right now is to define the strategy and balance all the factors, such as job and population growth (value increase), cashflow (demand & supply market, interest rate, property tax, maintenance cost), and risk control (insurance etc). 

What is your risk tolerance?

Most will never understand the hard work, sacrifices, risks, and stress that comes with building a successful business of 28 units from the ground up.

Longer tenancies mean lower turnover and vacancy costs, so two single-family homes usually generate more reliable income and higher net cash flow than a fourplex.Vacancy risk: A fourplex has four times the vacancy risk of a single-family home.

Your builder's risk  insurance picks it up from there. 

Clarity here avoids future disputes.Business Strategy: Align on your goals—flipping vs. rentals, risk tolerance, and timelines.

It allows us to be picky on who we rent to and pass on those who would seem to be PITA or a risk for not taking care of the place.

But the one thing that you can control is your creativity and how far are you willing to go with risk . 

Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?

With any investment an investor should analyse DOWN STROKE  versus UP STROKE risk.