Some states/areas have more options than others, as we discovered when we had to change from CT to NY coverage.  

We typically start with a garden hose and use the process of elimnination until we discover the real cause/source.

They are an incredible resource where you'll learn a lot about how other people are investing and discover ways that will work best for you.

I bought the condo before I had discovered BP and all the good info it provides.

I'm glad I discovered BiggerPockets. 

I just discovered this forum which looks like an excellent place to meet new people, discuss ideas, and ask questions!  

Your criteria is flawed.

If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Do you see any flaws in my plans, or have suggestions to improve them?

Some items, like painting, may be DIY which could lower labor costs, but the climate is hard on even minor building flaws, so rot or mold (from uneven heating or insulation or ventilation) can be common costly issues that require more labor and materials.Third, add in that we are looking at some budget uncertainty near term from oil prices (with large state budget reductions in spending, much of which cyles and flows through Anchorage)..