Never hire GC's or contractors out of desparation, put remote cameras on every jobsite & stop laying awake at night worrying if you've bit off more than you can chew.

My sellers said absolutely not and chewed me out for asking.

However, you mentioned that insufficient funds and low credit score are roadblocks to getting this deal nailed down without investors.This is a massive bone to chew on with your little/limited experience in handling such a large scale project.You might want to offload it to other investors for a fee and revisit your steps to get a smaller deal done.There are several moving parts for you to synchronize and make it happen.I am not saying it can't be done, but, you have a steep hill ahead.Good luck, best wishes and please keep us informed about you positive or negative success in closing this deal.

I don't have thousands and thousands of dollars I can just put up or a mentor/someone to just bounce ideas off so I'm wondering am I trying to bite off more than I can chew or is this something I can be capable of now (with education of course)?

I have experienced the problem my self in Rochester, I actually watched and waited for a cop to drive by and flagged him down, chewed the fast with him for a min, made a connection.

have any buy and hold investors had much success with using yellowletters.com to find leads. i am in philly and i was thinking about targeting absentee landlords. i invest in lower income areas and i know those neighborhoods tend to chew up and spit out landlords this is why i was thinking about yellowletters to absentee landlords. your thoughts BP?????

After chewing him out he politely said "ma'm, May I ask you a quick question?.

As someone who's never been a property manager, or developed a property, does it sound like i'd be biting off more than i can chew to owe around a million, be a landlord with 3 residential tenants and a commercial tenant on the first go?

And we chew the fat while we are chewing on a nice Cab !!

What people often don't consider is the lost rent while rehabbing the property and finding a tenant, the lease up fee to place a tenant, construction cost overruns, overestimated rent etc, These can really chew up a lot of cost savings.