You need a car and gas and insurance.  

First, build a solid team, including a contractor, real estate agent, property manager, and lender experienced in BRRRR deals.Don't do normal BRRRR.

It's just normal.

For context, I have a W2 job which isn't related to a real estate trade.If I'm traveling to my out of state rental properties to walk the properties (including potential properties I may consider buying), meet with agent or property manager, etc, am I able to deduct the flight, hotel, rental car and 50% of reasonable meal costs (not a $500 dinner) or food costs (e.g.

As long as their fees are normal for your marketplace, don't focus on the cost of management and the few dollars saved by self-management. 2.

Get approved for construction loan (This is normally a loan at an 80% LTV, right)3.

As someone with no experience investing into a syndication, is this normal, a red flag, or possibly ok depending on other variables?

Is this normal? 

Talking JUST on normalized revenues, payroll self $5m annually......

The deposit remains in place until they are out and is treated like a normal termination.About 90% of tenants pay the fee.