Will you want or need to rezone based on what you wish to build?

-For instance, if you don't follow legal timelines, you can be fined treble damages:(The other potential issue is being able to PROVE to a judge that the tenant caused the damages you charge them for. - So, where is the tenant's MoveIn Checklist? 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Kicking off your BRRRR journey is an exciting step, and it sounds like you've got a solid base with your current rental.

Set a goal, work backwards, and create a realistic strategy based on your personal abilities.An aggressive investment strategy can get you free from your 9-5 in about 3-5 years.

That being said never base your offer on the other guy.

The crazy deals often come of the 'crappier' houses that need lots of work.I think your biggest challenge (from what you have told us) is that you probably don't have the money necessary to play the 'foreclosure game' - at least where I'm at.  

Your Core 4 Real Estate team will play a very important role in achieving your goals.

I don't know of any banks any more that will do a construction loan on investment properties based on completed value (i.e the finished value with the built in equity).

I would personally prefer to play it safe, especially when you do not have a large number of properties.