I would do it again but definitely with a different lender.

@Alan AsriantsI’d definitely appreciate the help analyzing what I can get for the property.

This has been the trend recently and can definitely cause some booking anxiety for owners. 

Though I am not in that area, I am only a few hours away so I would definitely feel comfortable investing in that area for my first one.

Others will say you do, but they don't understand how lawsuits and the legal system actually look at it.

Definitely think a coach is necessary for a consistent career!

If your intent it primarily to resell (the definition of a fix n flip) then you can't 1031 it.But that being said, there are a bunch of my clients over the years who have shifted their model slightly so they can get the adrenaline rush of fixing and the tax deferral of 1031.  

A 10% yield is definitely possible but not risk free and takes some work. 

We have created an rental operating agreement for the partners within the LLC.Do we need to consult with the Lawyer or legal team to finalize the operating agreement, so that when in need that document will act as a legal document towards our LLC for the members.

As far as investment strategy goes you'd again want to consider what kind of market you're in -- but a personal favorite to start with is definitely House Hacking as that should lower or get rid of most peoples largest expense in Housing -- leaving you with more money to save to invest!