Just saying there are people on BP who can vouge for you as Melanie is typically very negative towards anyone in the syndication / raising money space. 

In my experience, a successful BRRRR typically comes down to two main things: finding a good deal and managing an efficient renovation.

That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

I have extensive experience there doing about 500 deals , thousands of repairs/ renovations and move in and outsAll the best 

A typical PPM will cost about $10K. 

Since the price of a multi unit is double or sometimes 3x the price of a single family home, would it be smart to start off with a SFH and scale up from there or just make the leap into a duplex that I can force some appreciation with minor repairs.

As far as the 1099, that is for payment to owners if you manage for someone else or your vendors whom you pay for repairs and maintenance. 

The most important thing for you to learn as a wholesaler is repair costs.

Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.