If so, what are you looking at in terms of the deal as it relates to maintenance and reserve issues in Florida's condo market?

In theory, if you use the $120K to pay off debt, wouldn't that solve both issues?

You are not alone in the way you approached this home renovation, many in your shoes struggle with the same issues on their earliest renovations but the real lesson to be learned is to vet your contractor and take the time to execute a contract that covers timelines, payment schedule, scope of work, finish spec allowances, insurance, warranties and a number of other key contract provisions intended to protect you.

Any title/escrow or lender issues with tracing funds this way?

Subcontract agreements with warranty requirements to pass along builder warranty issues to those responsible for the work. 4.

Plumbing issues and electrical.

The hard part was getting those in our company to recognize that once there was an alert we have to communicate internally before communicating externally. but weve since straigtened that out and its no longer an issue. 

The issue I've run into is since I am so young, the Private Money Lender is requiring that I find a Liquidity Partner to bring into my LLC and prove Government issued ID and 2 months of bank statements showing 25-30K in profit.

I no longer trust the big box stores to install appliances because I've had too many issues with them.

I’m most interested in BRRRR and buy-and-hold rentals, and I keep going back and forth between starting with a small multi-family (duplex/triplex/fourplex) or a single-family rental.Here’s where I’m stuck:SFRs seem easier to manage and may be less intimidating for a first deal, but the cash flow might be tighter.Small multis could bring stronger cash flow and efficiency, but I’ve heard they can be tougher to finance, and vacancies or tenant issues could hit harder if I don’t have a solid team yet.For those of you who’ve been down this road already:Which one did you start with, and why?