So i understand numbers and the process from analyzing to close.

The section 8 rate does not seem to line up with my experience. 3 bed 1 baths are very common in the area but do more much slower than a 3/1.5 or 3/2.I don't understand your last comment.

As I understand it, anything done as part of a larger renovation (even if it normally could be deducted under a safe harbor) is a capital expense, right?

This approach is best suited for experienced investors with a strong understanding of the real estate market and a well-thought-out investment strategy.

While I acknowledge these are ambitious goals, I have a clear understanding of why I aspire to achieve them.Several friends and mentors of mine have net worths north of $100M, and, most importantly, they achieved it on their own.

Do you have a clear understanding of what strategy you want to use?

i do not understand "a company taht would provide an official contractors quote to the GC"The GC provides the quote....

To my understanding, the zoning won't have an effect on whether you can get an FHA loan or not, but I would like to hear what the experts have to say. 

Understand yourself- - understand the other person. 

As a newbie I'm eager to hear your insights, so please feel free to share your thoughts.