Between higher rehab costs and tighter inventories, I’ve seen a noticeable uptick in small-scale new builds replacing flips.

I even pay the insurance. but there is a premium for this service but it allows scale..

We tell our bookkeeping clients not to scale chaos (I say "cancer") all the time. 

This would allow you to scale into multi-family using all of the tax you would normally pay, and mitigate the leverage your RE portfolio is under.

It might seem basic at first, but as you scale you're going to want that stuff dialed in.Next, I would focus on keeping your living expenses low which is sounds like you are already doing.

Just not sure the math works that good compared to the BRRRR projects in the past.Totally get that, having cash stuck in a deal isn’t the end of the world, but it definitely limits how fast you can scale.

@Basit Siddiqi2 and 3 from your list: 100%Regions and dedication to running investments is a scale issue. 

Sounds like you’ve got a great foundation between the SDIRA and those North Georgia lots.I’m happy to connect anytime — my background is primarily in multifamily and buy-and-hold investing across Georgia and Texas, so I always enjoy talking strategy, scaling, and long-term planning with other investors who are building for the next decade.

Since you’re planning to scale into more long-term rentals (and maybe some flips), building long-term lending relationships now is huge and will make that growth way smoother.

In terms of your questions, I’d be curious to hear how others balance financing and construction timelines, because those are the areas that often determine whether a BTR project can scale efficiently without cutting corners.