If not, I'd be concerned that the needed skills aren't there.

@Molly JonesUnfortunately, many wholesalers that you meet randomly online are not very experiences or particularly skilled at what they do and often rely on bulk rather than quality so there is a high probability that they know very little about the property itself aside from the basic data that they obtained online through data scrapping.

Negotiation Skills: These agents have honed their negotiation skills to ensure they can secure the best deals for their clients.

@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

You will build skills and experience in acquiring and managing the duplexes that will help you with real estate projects large and small. 

Creative deals like lease options and subject-to deals need strong talk skills and knowing the contracts.

Skills, tools, subs, muscle you have to complete fast on paper.Architectural plans with elevations.Plat map, drawing where house goes, title report, gas lines, cost breakdowns, temporary power...Reports of existing utilities.Notes on conversation with planning desk on time frame.Combining the two loan types can be done, you need to be a great secretarial story teller on paper.

It's a team sport, and my partners and I leverage each other's skill sets to do a better job than any of us could do alone.

I can’t chalk that up to skill…it was luck.

In fact, you'll learn valuable skills about managing rentals that most landlords don't learn for decades.