Just guidelines to help you get to your end goal. 1, 2, and 3 are crucial but everything else, tackle it in your own way and process.

I don't know the first thing about what you're doing or even how I'd get started if I were to tackle it, but I like the fact that you're putting in a ton of legwork and study and you'll eventually get it done.   

Tackled the DIY projects I was comfortable with and hired out the rest to a GC.

Always do your own research, the point here is that you need a plan for this debt if you can't kill it before the 0% period is over.4) So your debt is one thing you need to tackle, of course.

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

I am also tackling a substantial chunk of credit card debt, and can't get my 3rd mortgage until I knock that out.So my purpose of wholesaling is to flip until the credit card debt is gone.

If you have the skills to be a wholesaler, you can essentially tackle most types of real estate successfully in my mind. 

Definitely should get under contract and start lining up your team to tackle it.

It shouldn't take more than a few days and then the guys will tackle the water damaged unit next..Rent collection was a real pain the first month as I closed three days before the beginning of the month.

@Josh NaborsHi Josh,I am working on a scenario just like yours.There are many ways to tackle the above.My client with a similar scenario also wants to receive property from her dad with out any money from their pocket.So what we will end up doing is we'll take title to the property subject to the current note.Then after 1 day from taking title we will apply for a rate term refinance (fannie mae only requires 1 + day on title for rate/term refi).As long as our LTV is 75% or lower we can do this refinance (along with acceptable income & reserves & credit score) since this is an investment property refinance.The difference from the value that the property was gifted at and the cost basis that was left in the property is considered the "gift," so there are certain tax ramifications that you might want to talk to your accountant about with your dad.I've checked with my underwriter and we're about to review this file soon.The above is really just a creative strategy of Sub2 and a conventional strategy of a regular Rate/term refinance so nothing really complex.Good luck on yours.