People will sell you a bill of goods on what a "B" property is - confirm that with a contractor, property manager, or someone else you trust).

“If anything were to go south in our transaction, not only would you have the ability to sue me, you would also have the right to submit a complaint to the licensing board.”

Most the time that's a death sentence for a bill.

They don't have the credit, skills, connections, even the confidence in their abilities to buy distressed rentals and work on them on their own. 

I prefer the ability to purchase and then refi on my schedule.

Because the BRRRR strategy hinges upon your ability to refinance at the end, you need to at least have enough for the closing costs and enough cash reserves to qualify for that financing.

They know the zoning/sign laws.Commercial real estate usually has the ability to place signs For LeaseSounds like a nice little center.

This is your ability to find the correct Micro-Markets to invest in based on how the numbers with $$$ in front "play nice" in that market using (not spending) your money (see below), and deliver the Goals from the Plan (see below...again). 

@Justin N Yurchak IMHO, where you sleep at night or having the ability to drive across town to place eyeballs on it are of little consequence compared to having a really strong team you can trust. find the best PM, realtor, title company, and CPA you can, know your numbers and your plan, and execute. the problems are the same so hire good people that fix problems and free you to spend your time doing higher income producing activities.

I don’t want to by too much too fast but also don’t squander my ability to get financing.