One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

So focus on lead generation.Once you have that covered, then yes you do need to have a bit of insight on the workings of the transaction.But all this should be easy to figure out the moment you keep commonsense in play.Start with getting in touch with a wholesaler-friendly attorney for your closings (if you are in an attorney state), and build a relationship with him (that is also what I did)..He should guide you along the way as you go.

What a great start to building wealth!

Make them build them, so they own them. 

If any one can recommend a good REI focused lawyer or a building engineer to do a building survey then please let me know! 

I see what you're saying about the 2% rule. 

Ironically, these are often the best opportunities to build equity and find great deals.

Building small units in small counts is expensive development.  

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!