Everything required on a 203k is how every construction project should be handled.

Keep your goal and why you want to invest as a guide. 

Gals and Gents,I have read a lot in the past BP articles and listened to many BP podcasts, it's a pleasure becoming part of the crowd.Let me introduce myself, I am active in the NYC market, I buy a lot of class C properties rehab / convert, rent them out, I have done rinse and repeat many many projects and I am seeing nice returns, not always fully recoup my full investment but I am generally finishing all in at around a 9 or 10 cap!

I was originally going to manage the project myself and sub out all of the work.

My goal is cashflow.

@Brian Baumann as a few have already shared, it depends on what your investment goals are more than anything else.

My ultimate goal is to potentially refinance down the line to settle everything.Any tips or insights would be greatly appreciated!

Congratulations on achieving your goals on this piece of property. 

. $4800 cash flow is projected when the final 2 units are rented.

My thinking is that as long as the yard looks like a yard and can function as a yard (ie. junk-free, has grass & dirt), then it doesn't make much sense to invest heavily into landscaping like re-sodding or other projects.