I look forward to learning everything there is to gaining financial freedom and becoming an investor. 

My point above is how solid are your financial and management plans?  

Being new I would suggest started with existing builds but building small multifamily in a small town with a rental shortage could be a smart move (someone's gotta do it).

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

All groups have mentioned, wanting to try our hand at flipping independently, and I thought why not do it together. 

But don't think it will take everyone 3 months though.If you do it right it could take you sooner:If you are in a super tough market, it could take you longer.Depends on many things

You need to rewire yourself to ALWAYS look for the opportunity.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.