I think it could take less than a year but folks usually think they can do this in 2-4 weeks and are disappointed;-)I'd see what's been done similar to your project in the last two years and check with those contractors, & developers for hard numbers, then meet with the Building Department and Neighbors.

Any Louisville investors want to meet for coffee/beer to discuss strategy?

Also attend any investor meet ups locally.

Otherwise, if the numbers meet your criteria, pull the trigger fast-like! 

I'm really hoping to meet others on BP that are in Canada, Ontario, or the GTA.

I am going to meet with him tomorrow and have some questions I am going to ask him, but I am looking for some suggestions as well.

I've been doing some searching and found 1 meet up group in La Plata but was hoping to find something a little further South. 

There’s a meet up usually monthly for folks of all experience.  

I would go with the cash for keys deal and let him know he doesn't get it until you meet him everything is cleaned out there's no damage.

While I don't know any property management company down in South Jersey, I suggest attending a few local REI clubs meetings and asking the locals as to who do they use.