I would imagine it ended with him making no money as this sounds like the biggest steaming pile of poop I have ever heard of.

As mentioned your biggest challenge is going to be selling the package at/close to same time. 

One of the biggest pitfalls is the age of the buildings I'm looking at. 

With this proses the investors I work with are also able to take advantage of some great incentives including solving for the biggest problem in the field, interest rates.The investors I work with also appreciate a turn key process on Single fam up to Quads and larger community development.  

I think buy and hold is a better long-term strategy in terms of scaling and definitely comes with much more tax savings incentives to offset your regular income.If you were in my shoes, what would you prioritize at this stage of the journey?

Now the biggest impactor is often the least spoken on which is energy storage.

He's still very much in contact and reachable, but my biggest fear is that he will run or file some sort of Bankruptcy.

Interest is 18%.for a total of 30.5k in debt.current financial status:1k emergency fund.1k in reserves outside of that.6 month plan:I'm going to japan in march with my sister so i'm currently reserving my money to do cool things in japan as it was my personal incentive to get my *** into gear and get my life together.after that trip i'm planning to tackle my debt in order of highest interest rate to lowest interest rate.I believe i can comfortable put 2500 a month into my finances. so i expect to be able to be debt free roughly a year from march.After that: im planning on parking my money into the smp 500 to help it grow until i have enough money for a downpayment on a duplex to a quadplex and doing the houshacking strategy yall talk about.

The biggest thing I have encountered in numerous inspections is chipped or flaking paint in pre-1978 homes that have children living in them.

Some use them as rentals.the biggest reason for doing things this way is a traditional bank won’t loan on  property that won’t appraise at their desired price.