It definitely can be done, but it takes more time and more investment per deal to hit $500k fees.Its also a much, much smaller network.

I've been investing and hanging out on BP for close to a decade now, so please feel free to reach out with questions.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area. 

@Zack Whiting Id change your mindset of real estate investing being a hobby and making it a more serious part of your life.

Hi Karla from Montreal, Canada-You ask an interesting question.Should your first real estate investment be new construction, since you and your partner have construction management experience, or flipping an existing home as you originally thought you would?

Investment Info:Single-family residence buy & hold investment.

I, and the investors that I work with find the advantages with new construction investment properties are so great it is sometimes hard to compete. 

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

Welcome to BiggerPockets Dan and good luck investing!

It is a great home and wonderful location, perfect for this investment model.