Any tips or insights would be greatly appreciated!

Perhaps you could consider hard money in addition to private money?

Any insights, connections, or resources from experienced investors would be incredibly helpful!

Since this would be my first long term rental property do you recommend starting with a property manager from the beginning or managing the property myself.I understand that there are pros and cons to all of these scenarios, I'm just looking for various insights.

Additionally, please share if this was a scam or not.

I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight. 

This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

They often also require appraisals and additional hurtles.

Would love to hear any insights!