It's exciting and can be overwhelming at the same time! 

Currently, I have a weekly check in with my current contractor, but alot of time it is a chasing game.

With an owner-occupied loan, you can buy a house with 0-5% down and get 30-year fixed rate financing so you're not dealing with adjustable rates if rates go back up and not dealing with a balloon payment in 6-24 months which is plenty of time for an experienced investor but not a whole lot if you're new. 

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

We are working on our first flip house and we didn't plan to do the BRRRR method, although it has come up in conversation multiple times due to the area it is in, we are still tossing the idea around of keeping it as a rental.

Have you taken the time to search AirBNB and VRBO in those specific areas to see how many STRs are operating?

They will give you a few minutes of their time and tell you if their products are right for you.

It’s their full time livelihood to make transactions happen.  

Once again, proofreading is helpful to avoiding these time lapse mistakes that make your post sound out of touch.Finally, I hope all you say about the opportunities that will occur with Trump work out for you and your plans to score big here, but is there a "subscribe" button that I am missing from your final comment? 

Unfortunately, timing was about 2 months late and the market went dormant for larger homes in our area around late August when we had the home finished.