That required $305k total as down payments.

You'll be required to pay annual dues for MLS access and to keep your license active.

I know to invest in the fund it is required that you are an accredited investor.

Network as well and go to local real estate meet ups.For funding: you can HELOC, find a private lender to lend you 20% down, find a capital partner, or just live below your means for a little while and save till you have the 20% down (can go higher or lower than 20%, but 20% is generally required for fix&flips & BRRRR loans if not going conventional).

Also check for two means of egress in that basement you want to convert because fire code will require it.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

When your traveling staff are housed, is it typically done individually or as a group?

When you say private lender, is this institutional capital or from an individual?

I offer a monthly fee program for clients like yourself and no AUM is required.  

As a broker, I'm always trying to find the best deal for the specific client and property.If you are looking for local private money lenders, your local real estate investment groups might have some leads for you as well.Most institutional private lenders are going to need an appraisal/valuation of the property, and permits to be issued for the construction of the building (if your area requires it).