Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance  Plan on long-term and hold.

This option may not be ideal if cash flow would be so very small, or difficult to find cash flow property due to high interest, because if there it isn’t cash flow property loan won’t be approved. 

Ideally this would be a multi-family property that I can live in and rent out the other units.

Class B - Class C, anywhere in GA would be ideal but open to anywhere to invest.

Three beers and six hours of folding can not be my life if I want to get to my ideal volume which would be around 1-2k per month once I'm able to afford the list and the postage. 

It is an ideal location (close to downtown, med center, U of H) and there are many upgrades throughout the home.

And try not to over idealize like A class neighborhood/new build. 

. #1 seems ideal.

I will create 6 residential lots that I will be able to sell off and then, ideally, own the remaining property free and clear or close to.

My suggestion is to look for someone with a strong track record in investment properties, ideally someone who has successful investments themselves.