If a contractor costs, say, $10k more, but is able to finish the job 2 months faster, that quite possibly could be "cheaper" to you than the cheaper bid/GC, when you consider the carrying costs of the property. 

Rents and BAH would deff cover my P.I.T.I expenses and more but I wanted to work on not having to use my BAH as a vehicle to save capital at a faster rate.

We are able to hone our skills, at a much faster pace than those looking at a few deals per month.

Another tip for the future, if you want to pull more money out at a faster rate;If you include on your closing statements (which vary state to state - HUD-1/ALTA statement) the renovation costs - and have them charged at closing......

My concern is do I buy a property now or do I wait for a discounted market where I'm able to go buy 2 or maybe 3 properties with the similar amounts of capital therefor providing a kickstart, mitigate risks through lower costs, lower interest rates, more cash flowing properties and set myself on a greater initial trajectory to scale faster. 

I'm sure that would've gave the contractor incentive to work faster.

Based on my research, real estate in the Bay Area has been appreciating at a faster the pace than the rent price.

Reason was I didn't want to do 100 single family homes, preferred to scale faster but with that came education through a ton of different forms.

So, if you have a larger net profit, you can build up your reserves faster to make the purchase more secure, or with the $100 a month net, you should have a lot in an emergency reserve account that you have access to.Plus you should consider what your time is worth. 

If your partner does not work or works less hours than you do, you can have them be the coordinator of the renovation, so to make the work go faster.