I also have my general contractors license, will that be beneficial in giving repair estimates to my cash buyers?

Hi Lateeka, happy to see you have been enjoying the BP community as much as I have.

In addition, I've never been involved in any major home renovations and I'm not particularly handy so the the prospect of managing a contractor from afar seems a little daunting.

Enjoy crappy commercial financing. 

I have a lot of connections in the West Michigan area including possible private lenders, contractors and real estate agents.

@Callum SinclairThis is a month-old post, so I'm probably late.The simplest and most effective setup is usually to keep the whole business under your name or an LLC that is 100% owned by you, and set up your family members as lenders, as opposed to partners.If funding the deal makes it impossible, due say to your credit, then you can reverse: have your dad own the property under his name or his LLC, and set yourself up as a contractor for him.Bottom line: it is case by case.

need help to make sure i have the right steps ( basic format) -find cash buyers & their criteria -drive for dollars , organize info into my laptop-find comparable prices to what its ARV could be - call the owners & pray that they are motivated & find out if they owe anything - find a contractor to help me estimate the rehab costs -offer -pray that they sign -go to title company ( & say what?

My realtor has some contractors but I know it's a very busy time before winter.

Any experience with management companies or contractors?

I went with my local contractor that I always use that completed the work for $4200.