If you have navigated a similar path, what strategies or precautions would you recommend to mitigate financial risks and ensure a smooth refinancing process?

The builder's fee, for instance, should not be an afterthought but an integral part of the budgeting process.

Where do you think you could see some improvements in the process? 

@Joseph Hernandez I am a licensed Realtor. in the last 3-4 years wholesalers ( many new or not seasoned ) have been adding a very high wholesale fee to deals and in the process taking much of the meat off the bone.

I understand that the rezoning process can be difficult, but if I (as a real estate agent) happened upon a larger plot of land with dozens of acres, how much sense would it make to find a list of residential developers here in OK as well as surrounding states to market that land to? 

Otherwise I would terminate (this is all dependent if the property is marketed as a duplex) What is the process of converting a single-family RM-1 to a Multifamily RM-1 (Triplex or Quadplex)From my understanding, it's only getting a use registration permit. 

Maybe before starting the process of building a rental portfolio hack your primary loans.

I'm currently writing up a PSA for an heir that hasn't gone through the probate process yet (I am hiring their probate attorney) so who knows how long that will take exactly.

So, if you have very low funds to start with, I think that's step 1... find ways to save/earn more and start stashing it away while you learn, network, etc.

It is a very straightforward loan, very easy process.