Please excuse my ignorance.1) In an attempt to learn from folks who have done this, what is the best way to finance the gut rehab of the existing property and the new construction of a duplex?

For context, I am in the due diligence process of a quadplex in a C-class area. 2 bed/ 1 bath800 sq ftPP: $275kCap Rate: 7.5%This is my first attempt at BRRRRing a multifamily.

What subject to invokes is entrepreneurial risk; the thing all real estate investors live with in an attempt to grow our assets, and gain a financial “free” lifestyle.  

I have found two contractors that I am interested in via Thumb Tack and will attempt to do a cross-reference using Angie's List. 

My family and I are moving out of the property, and I would like to attempt to rent it, before putting it on the market.

The accounting aspect is a an additional thought I hadn't heard before.I know some people have used this strategy in an attempt to avoid triggering a re-evaluation of property taxes.  

@Grace Hartman you gave limited information in your post but I'll attempt to assist you.

The right vertical column showed: the "IRR"  (don't remember how  he attempted to explain that one) , total return/unit and equity multiple.   

Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.

Because all they do is attempt to discredit or discourage wholesaling with information that isn't exactly correct.