Project File is at link below. w overview of plot, creek and proposed house designs for the build.

The other quesiton i have is if private equity is starting to get involved in this market, companies like Apollo & Carlyle, does that change your feelings about getting involved in the space?

The tenant pays a monthly premium and keeps an active bank account and credit card on file.

Make sure you have filed for Homestead exemption at the very least (this can only be done if you the home is your primary residence, not an investment home).

Thanks for mentioning the KIND of job that someone like me wanting to be more involved in real estate could look for.

Check out File Place: https://www.biggerpockets.com/...The link is located in the footer of every page on the left side.

I will always take a deposit unless I know the people involved. 

Also, do not become involved in your renter's utilities. 

When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.

If you are a general contractor managing the entire project, you need a general contractor’s license, particularly for projects involving permits.Lien WaiverA lien waiver is a legal document signed by your contractor to waive their right to file a lien against your property after they have been paid for their work.