.- Managing Multiple Projects Simultaneously: Handling numerous properties at different renovation stages requires effective project tracking, milestone-based contractor payments, and solid contingency plans to navigate potential delays.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

There is a lot to say here that would take awhile to write but a few things:  1. 

There is a lot to be said for having money at your immediate disposal when a cherry deal comes along.

There’s a lot to go through on this site if you have any tips or forums that you find to be really helpful let me know. 

There are numerous reasons why they usually do not make good rent properties. 

In fact, I have still been increasing my monthly ask with turnover.I agree with what @Dena Puliatti said - it is not a cash flow play in Huntsville right now whatsoever, but more of a "break even" cash flow play for appreciation.Folks, there is a LOT of dysinformation on Bigger Pockets right now about the Huntsville and Madison areas in numerous BP threads right now - more than I have ever seen in the past. 

There is a lot to learn about with these buildings and areas. 

Maybe there also a lot to with the rest of your balance sheet as it relates to owning a $2 mil asset. 

Yup a prudent second position lender only does that if they have the cash to pay off the first. lest they get in trouble as you have described.. happens a lot to those who get sucked into it..

I have a lot to learn and plan for so this is a great start.