Has anyone done something like this before and has insight/tips/advice?

You also need UX, support, quality, a million other things.

I’d greatly appreciate any advice, tips, or insights you could share—especially if you’ve done something similar.

Do you have any tips on how to approach and structure deals with private lenders for scaling?

This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.

and you will have many many applicants assuming the quality of the rental and the rents requested.  

It can help build some incredible relationships and really learn some great tips from the pros!

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Here are some tips to keep your projects moving smoothly and scale up:Managing ContractorsControl Payments: Break the rehab into phases and pay contractors as they complete each phase.

(Assuming quality of service doesn’t decrease.)No matter how you look at it, that is a ton of money.