I put myself on something that “looks” like payroll.I now take gross member distributions on the same timetable we pay our full-time employee: twice per month.

@Jason Ma More important than anything with a BRRRR make sure you have a refinance lender lined up before purchase so you know the timetable you will be working with from a seasoning perspective, LTV amount, etc. going into the project. 

Do you know the specified time table for the required period of time? 

Would like to find reliable workers to speed up timetable and alleviate me from having to do it on nights and weekends.

Ensure the contractor you go with can complete the rehab in a reasonable timetable (no longer than 30 days).

The cost of rehabs have skyrocketed and the timetable to finish has doubled. 

Just a heads up that a 203K is one of the toughest loans to get closed much less with the 60 day timetable that HUD allows for 203K. 

The challenge was estimating the rehab costs (went a little over) and making sure contractors keep to a time table.

Tenet history/rental agreements for all units going back preferably 5 years.Rent rates for all units going back preferably 5 years.List of repairs and updates, with costs if available, going back preferably 10 years.Property operating costs preferably going back 10 years.Reason as to why seller is selling.Known construction issues that need to be addressed regardless if minor or major.If property is paid off and, if not, how much is still owed as well as if there are any liens against it.If seller is on a time table for when they would like to be rid of the property.I would like to see the sellers schedule E tax form prior to closing.

At this time I work as a Chef at a casual dining restaurant while I go full time t school.