@Richard Benjamin Wilhite, @Bill B.makes some good points about loan terms and the strict identification rules for a 1031 exchange.I would add from a tax mitigation perspective that buying the largest property possible will give you the greatest amount of cost segregation possibility and at the lowest cost since it would be one study rather than several. 

We buy seller financed notes routinely and would be happy to evaluate what you have.

During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.

In my market the buyer's agency agreement form (previously required but not often enforced, and many agents waited until writing a contract for the buyer to get it signed, and is now more strictly required prior to any showings) already explained this.

Yes, because Private Money infers that you are in a negotiable deal where your project can be outside the box and you can negotiate unique terms with a private individual - that - or a big box lender with strict rules and guidelines. 

For instance, FHA guidelines are very strict and restrictive when it comes to using departing-residence rental income to qualify for a new FHA loan (such as the 100-mile rule).

The odors are not always easy to eliminate within the normal apartment turnover routine.

The lending is strict but the terms are great.

Strictly cash flow is missing the forest for the trees. 

Co-ops have strict subletting rules that can change anytime, which could make things tricky.