Sounds like you have had some great adventures and are ready to start the new adventure in Real Estate.  

Hello All: My wife and I closed on our home in GV on Mar 4th and having most everything in its proper place I am ready to start my next adventure.

Control and Roll, control the property with a skinny contract, flip before settlementHybrid purchase with seller (as a limited partner), seller to contribute renovation funds, offer property at public auction with a percentage back to seller on equity above offered price.Control and offer property immediately by private treaty.Put together a friendly or family joint venture (if you think the deal is great, convey your enthusiasm to your friends or family members, they put up the needed money, they get a percentage of the NET profits).If the equity is too small or risky to buy, refer it to a competitor or an agent for an UP FRONT referral fee.Find a partner with cash and skills, don't give too much of a percentage away, partners can be expensive.Don't let one deal slow you down, keep using Power Prospecting techniques, making offers and moving forward.........multi-task all the time, just because you are working on one great deal, don't become overwhelmed, get help, but don't slow down.Have fun in this business, don't get greedy, be kind and always think carefully before making hurtful comments, words are hard to take back.Give back to the community when you are financially able to do so.Charles Parrish Baltimore

Hi,  Can you please let me know if there is a checklist of tasks that needs to be done before an actual home purchase.

Best of luck to you on this adventure!

In software development we break large task into small task and make ourselves accountable.  

What seems to be right for me personally on this adventure is to do hard money SFR flips and sell, and hard money Multi-Family (4 plex or more), Flip, Refi, (pull equity to buy another property) , Hold for a couple years get the tax break maybe hold for longer if I like the property enough to keep it and if it makes sense, sell and then proceed with purchasing a bigger better multi-fam....and keep repeating that until I build up a great and sizable cash flowing portfolio.

Actually, some of the strategies you list are logically grouped and distinct on BP (many people focus on one or the other), but in reality, you may blur them in your REI adventures. 

You can also provide for fees, your actual cost to complete the tasks, and reimbursement for possible municipal fines in the event the tenants neglect to take care of it. 

Look forward to joining you all on this adventure!