It enables us to keep our money working at our current rate, and it puts more money in the hands of the rehabber.

While I want to make money, I am not greedy, and believe that if I can come up with the right model, I might be able to scale my MTR cash flow?   

Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!

Private Money or Hard Money LendersIf traditional financing is a challenge, a private or hard money lender could fund the construction phase.

I personally own in Racine, and I am expanding my portfolio into Milwaukee. 

Neighborhoods there are usually in better shape (although Baltimore is very much block by block), and in my opinion, the quality of the tenant pool is much better.Oh, and great idea checking out the properties in person—the pictures you see on the MLS can be very deceptive lol.

If you are a person who has a full time job, or runs other companies, it is my professional opinion that you will be better served having the GC handle everything and report to you on your schedule.Once you decided to run the operation yourself, you are now employed by the development.

Put a little more money into that one and keep it for a while.

You’ll need an agent who knows the area well, a solid property manager, reliable contractor connections, and lenders if you plan to use private money.

Market Appreciation is the least predictable, but historically, where you will make the most money.