Everyone wants to play in the major leagues without going through them minors. 

I am a 28 year old born and raised in Houston Texas (champions/klein area to be specific).

I am a full-time business owner who has been project managing in my existing business for 25+ years, so the notion of project management is comfortable to me, however, my lack of active construction  knowledge and my physical distance pose a significant concern.My local real estate agent in that market has been very helpful and is willing to help me look for contractors and he might even be able to check up on any potential projects occasionally but he won't be doing active construction management.Part of me says that I should face the challenge head on and try to locate, select and manage suitable contractors myself and learn along the way, also by reading other Bigger Pockets investor blogs and advice on how to manage contractors.The other part of me is concerned that this might be over my league at this stage, considering that I only have about 7 to 10 days to firm up the deal on these 2 potential projects, which might not be enough to do proper due diligence on contractor selection.

There is also a revitalization going on by the city and the civic league.

I don't have trouble getting financing but I'm not in this league eather.

It's like stepping up from T ball to the major leagues.  

Ball High School which used to perform sub-par, has used grant money to completely turn things around to the point that people are moving down here from the Texas City and League City area for the school. 

I'd like to clear up something that has been suggested three times so far, but no one has commented on it.Clouding the title or placing any sort of lien against the property is bush-league.

Example, the Retreat at Champions Gate allows it, but Country Club at Champions Gate does not.  

Former minor league pitcher with the San Francisco Giants, veteran with 7th Special Forces Group, and most recently Baseball Ops Assistant with the Pittsburgh Pirates.