Building Duplexes, Triplexes, and Quads

[David Crews]

I have identified many empty lots in a transitional area just outside a major metropolitan city. I am curious if it would be a good strategy to buy these lots and build duplexes or greater to hold and rent? What would be the best financial strategy, ie construction loan/hard money? I've never attempted a new build before, so any helpful information would be appreciated.