Quote from @Timothy Franklin: @Trevor FinnI would agree with your breakdown, but why overlook a potential to run the 91k subject-to with a targeted 6 month hold for flip or 18 month refinance?

This is the biggest part of the project.

Feel free to reach out if you need any recommendations or assistance with your projects.

My wife and I come from a manufacturing leadership and project management background.

Your project manager should know plenty of guys- delegate this to them3.

It won’t take as long as you think. if you can wholesale a few properties you can get enough to support you in a small project while learning the ins and outs.

Financial Projections: Compare the projected monthly cash flow from renting (especially with an ADU) to the net profit from selling after costs.

Permitted or not, you want 100% assurance the property is within building code standards for the year it was built, and for any upgrades/ changes - the years those upgrades were made; ie GFICs in wet areas currently, but not required in original construction back in 1950 when they didn't exist.sorry for not replying earlier, I'm rarely on this platformbest of luck on the project

There's also huge development projects, many spearheaded by Dan Gilbert's Bedrock investment company. 

And along with that, any insight into GP/LP on a project like this would be helpful.