From a financing strategy perspective, one method we thought might fit well is buying with cash (which we have for house one), then rehabbing and taking from a 5 BR single story to a 10 BR, and then refinancing.

I am Tony, brand new into Real Estate Investing.

@Bryan Noth thankyou for your advice I am in the Tampa area however havent done much research yet on the local market but will consider what you said...many things to consider...i am brand new to investing having only been a part of two flips but am coming into a significant amount of cash in August and plan on investing in real estate as my sister has already started as we kinda work together.

My returns would be slow over time but I’m estimating in the area I live that I could buy a 1/2 to 1 acre install brand new septic, have water ran and meter installed and power on the land and clear spot for home for under 11 grand.

For someone brand new to this, the initial buy using cash + hard money in the BRRRR route seems daunting, as well as overseeing such a large rehab project. 

Brand new built to sell custom homes are usually done by builder investors.

The biggest issue people have with raising capital is that they're trying to match investors to deals instead of consistently marketing their brand and expertise to build relationships where they can be harvested when a deal arrives. 

Hello All, I am brand new to the real estate game so there are alot of things I'm trying to figure out on my own (as of now I have no mentor or network of people to lean on for guidance).

Today I contacted the owner to request a formal sitdown presentation as if we were brand new PM's being interviewed.

HI @Oliver Lazaro the most risk adverse step would be to consult with an attorney and draft up a contract with them; this would be the most conservative way, to ensure neither party will lose and all risk is managed.