Sure, but we are likely reaching the point where I have to leave this to the experienced sponsors on BP because I don't want to be that guy who provides advice on the sponsor side of the transaction.  

Listening to the BP Podcasts is a great first step.Only way I would involve my primary residence house on a flip is to partner with someone experienced and successful.

Most of the experienced rehabbers I know are paying $75 per sq ft on a "gut out" and $35 per sq ft for a cosmetic rehab.

As I get more apartments  I will need to get more team member to help and start hiring people full time.

While Jamie is experienced in all types of real estate throughout the southeast, his primary focus has been luxury homes and commercial properties in the Greater Knoxville Market.

While researching deals, you should start building your team (realtor, attorney, lender, etc) so you are ready to pull the trigger when the time comes.Are you targeting any specific areas?

It may be easier to invest with them since they are local but maybe it could be easier if you build your local team consisting of a few GCs, property manager, and lenders.

We're off to a good start building our rehab team and have pulled together the resources that we need to pay cash for our first attempt to buy and flip.  

This is a question that you need to consult with an experienced mortgage broker  then maybe even somebody on the commercial side of it .

Know/experienced a little (medium-risk) Finally, work on these pieces so you are able and willing to take action.All human endeavors are accomplished with...Definite plans (a clear plan from here to there) + Faith (knowing you can) + Emotion (feeling you can) + Action (taking action) = Achievement of anything