So this involves hiring an architect draw up plans ($1,000 - 3,000 if I had to guess).  

While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

Research the area's nuances, understand BRRRR financing strategy, network with local investors, analyze potential deals, use VA loans wisely, explore financing options, and network through investor groups.

The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.

They also don't understand the law, or the changes that are happening around the country.

I didn't understand why I could not get my money out of a free and clear asset. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

There is so many ways it can go wrong and being a greater negative for parties involved. 

Start by being actively involved with your PROPERTY MANAGEMENT duties.  

Is there some other way to verify his involvement?