So between my acquisition and renovation phase, I probably spend on average 20 hours between management of my contractors, coordinating materials, designs, or even physically assisting in the renovation, though 95% of it I sub out.

From what I understand my bro-in-law works closely with the acquisition manager at his construction company.

“Warren Buffett bemoaned a lack of viable acquisition targets…”   Ditto - harder to find viable deals on SFHs and MFs.2.

Self Funded - your own cash or equity lines at your disposal to fund the acquisition and construction cost2.

Did the hard money cover acquisition and renovation cost?

Yes, a property manger/listing agent on acquisition, and a property management to manage the units now, a hard money lender for purchase, and a commercial lender for the refinance.

REI appeals to me for the purposes of wealth acquisition, self sufficiency and earning more from my money.

Insurance doesn’t protect you from any part of the sale or acquisition of a property (e.x.

@Zack Wills you might use the HELOC to aid in the acquisition of a long term hold - but I wouldn't make the use "long term".

I've also used owner carry terms for acquisition by offering a decent down payment.