I would start on smaller projects so you can really refine this team and gain experience first. 

@Ryan Mortimer You should create an LLC partnership for the two of you for the renovation project.

We are moving to our first project of fix and hold using BRRRR strategy. 

It's a great way to build equity, and the goal of a house hack isn't to eliminate your housing cost - it's just to defray it. 

Overall, there are a ton of really helpful suggestions in the replies here so I think you should definetley weigh some options in terms of if your goal is to keep the tenants or have the units be up to market rent. 

I moved here from Florida after seeing the projected growth.

(option to go to 24, but I want the initial project to begin locally.)Location- OhioMarket type- Local, within 8 miles to meBuilds- Identical 2700sf, 4 bed, 3 bath , placing the same structure that meets the tenants criteria in 9 locations.Debt: Seeking a refinancing option  based on a 9% cap rateThe difference ( 450,000 x 9= 4,050,000    vs    NOI of $384,261 / 9% = 4,269,576 or $474k/property + tenant)with our continued rates of appreciation and a standardized tenant/lease structure in place, this should be a win for everyone.Who has a solution?

interesting looking project, congrats!

Sorry for the delay in seeing this - I need to get notifications turned on.Springfield has a variety of areas for investing depending on your goals.

SDIRA Wealth is worth checking out and you might find them to be a suitable option based on your goals.