@Stephen Cirner I think there are  bunch of challenges more the mid-level portfolio.

A debt snowball is a great first step for eliminating debt, which improves the credit score.  

A real project manager would be able to oversee multiple rehabs simultaneously and do what many GCs can't and might be a good 'next step' to start considering if multiple rehabs is your goal (and which seems to be the growth you're headed for whether they're for flip or hold).My real answer right now though would be to look at investing in a good property manager so you can focus on being your own project manager.

Step 1: See if it is in just county limits or the land is within the city limits.

You'll typically have a lot of tenant challenges not to mention that you're maintenance and CAP Ex expenses will be a much higher percent of your gross income due to the fact that it costs as much to fix a leaky faucet or replace a furnace on a property renting for $900 as it does on one renting for $600.

I got in touch with a different realtor (my friend refer), i told him what i wanted to do and it looks like he's more willing to help me find what i need to do n walk me thru some of the steps.  

You definitely need to consider the liability, however, you can overcome that with insurance and taking the proper steps to follow the laws in your state around securing the pool.

Some folks are more challenging than others when striking up a conversation.

The "why" is really what has pushed me to take this next step. 

Insurance Loss proceeds can be some of the hardest to get reimbursed from your lender. I have seen loan documents that were written so that the investor had no possible way to ever access insurance funds - but they st...