I recommend people only sell if (a) you can invest the capital in something that performs better, or (b) it aligns with your goals.

@Duke Butterfield no one can really answer whether or not real estate is a good choice for you - except YOU!

There is no active electric and where the breakers were taken out of the breaker box.

I am sorry but this makes absolutely no sense.....Also, any builder who has to be paid every week is a huge red flag.

If things to sideways, the money raiser usually has no leverage or even any authority to fix the problem.

Then many years for the equity position to be recovered.2) let’s go no financing and use 50% rule so $900/month after sustained expenses

When you have a proven track record of performance, then you can play with other people's money. 

Run through some of the features you will need like setting up a property, moving in a tenant, receiving rent payments, and publishing online applications.Pay attention to which platform feels the best to you as you perform these functions.

IF you are going to down that path, focus on building relationships with key investors in town and top performing CRE agents.

My advice come with no bias or conflict of interest.