We abated the walls, and that added $10,000 to our costs.

Their children (now in their late 40s) inherited the house, but they have not listed it on the market, and I heard that neither is willing to move into it from their current setup, so the property has been sitting vacant.

Co-living will be necessary due to housing cost. 

Using the appropriate amount of lights and mirrors is a pretty low-cost way to really make the space feel custom.Unique tile installation patterns such as vertical stacked or herringbone.

I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

What can I expect for timeline, potential issues, rough costs? 

Imagine if it cost 1000 to send out 50 letters but half of them responded and half of those wanted an offer and half of those accepted an offer and half of those closed and half of those resold for a net 50k. 

I'm personally making my exit - I never did assemble a team (it costs money for one, then you need the manpower and time to manage it).

Would the value of the remodel increase the rents or the selling price that would out weight the cost? 

This allowed our partner, Jamari Sprueil, to move forward without any upfront costs.