I am no expert but I suggest that you write down the following:What do you want to achieve with the business? 

Most of my financing will most likely be achieved through savings, re-fi on my current properties, and cash due from seller on purchase deals. 

You will need a team of professionals to support you in achieving your goals.

@Jeff Pollack I'm researching the Bay Area market and was wondering what your opinion is on typical rehab costs per square foot and what ARV discounts are achievable and considered a good deal?

The world of REI is a great place to achieve your goal of being financially free!

My ultimate goal is to move my family to San Diego and focus my career on real estate investment and development.Aside from real estate, I'm an avid Blues fan and musician, and dream of achieving financial independence through real estate so I can play the Blues to my heart's content! 

The operating partner typically invests a smaller percentage of capital and collects a fee and a carry, or in other words, charges a regular ongoing fee to the project for active management and takes a disproportionate share of the profits for returns achieved in excess of an agreed-upon structure of investment rate hurdles (known as a waterfall).

The best place to start learning how to achieve these goals is through the Bigger Pockets Podcast.

When it comes to real estat my short term goal is make all the good choices that will allow me on long term to achieve a solid stream of passive income in order to secure my financial future.

Can you achieve 60-65% ARV on new builds in Tampa?