In your situation, seek out a partner who is already experienced in this type of acquisition and managing the same.Share split? 

I've seen experienced investors  do flips in the Bay Area.

I love section 8 but I don't know if I would want a full portfolio of those rentals too having experienced that and sweating it out for a bit. 

I appreciate any feedback from investors/landlords who have actually experienced this about how they handled it.

Cutting corners to save time might seem like a good idea, but it can lead to expensive repairs later on. Have you ever faced repair issues because a project was rushed? What did you learn from that experience?

Key is to work with a team that focuses on managing padsplits as their core business.Buy in solid neighborhoods where there is a good tenant base and put in experienced property management.Happy to connect with anyone that has questions on the model.

Wholesaling really isn’t much of a problem with the larger, experienced and ethically run wholesalers.  

Here’s what I believe everyone except maybe the most experienced investor should do BEFORE committing to invest directly1.

Next step Find a local Multifamily Investor group and go meet members and partner up with experienced people. 

I really need another side hustle.We, the experienced ones, spend our time helping people avoid the same potholes we did.