Since fear has been tackled, I'll focus on failure itself.

Figured with the extra money I could save by moving into 2 family I could tackle those next

At the moment I am doing an inventory of all the systems I need to set in place prior to closing and it is a staggering list but one that will need to be tackled.

Hello all,I'm a new(er) investor looking at tackling more renovation projects in the near future.

Not sure if this is something I need to tackle as a new investor, or should I keep looking? 

You probably want to have everything planned out up front, but I think you have bigger fish to fry right now: the two biggest challenges you have to tackle  first are finding a deal and finding a contractor.Inventory and supply have been extremely effected by Covid, while buyer activity level is trough the roof, also fueled by extremely low interest rates.

If you build a solid team around you to tackle the issues, you can turn a problem into a solution and buy into some equity. 

Let me try to tackle these one at a time:1.

I'm not quiet sure if I'm in a position to tackle such a project though.

Then after you have done this go tackle your first deal.