And unless you have very deep pockets, you can't afford to be that much off....So as has been said....hire a very experienced General Contractor and have them give you a budget number based on your SOW, (plus they will find other things that need to be done that you will not have seen).On your succeeding projects, you do a budget yourseld first, then hire the GC and compare numbers.Then, eventually you will be comfortable going all solo...but it takes time.

Just getting my feet wet out there over the last three years and its good to see the post and the additional feedback from some really savvy and experienced investors.Built about 10 cabins last year as I talked my ex brother in law into moving out there two years ago and getting our gc license. 

Welcome to the Bigger Pockets community! 

This guy is offering me to put down $48,450 which is right at 10%dp + $3,550.00 out of pocket and give me the same rate at 6.875, but with a 3-2-1, starting off at 3.875% on the first year.

Then moved out and we're sharing another house hack with less than $200 out of pocket monthly for utilities and internet while using 3 bedrooms and a bonus room for ourselves.

No, more specifically deals found through networking with local real estate professionals, finding pocket listings, direct mail, etc.

It provides the least amount out of pocket to acquire properties. 

I understand the first parts where creating a win-win deal is key, I just can't seem to find what happens  When it comes to closing real estate transactions, there are basically three ways to do it: (1) do it yourself (2) utilize real estate attorney or (3) utilize title co.  

So I have a 64" pocket in a new 1bd cabin build that can fit an integrated vertical twin murphey bed in the living room with side dressor or a row of book shelfs + cab.

@Mitchell TruongFrom the research I've done, Ohio is a great state for several reasons: it's a landlord friendly state, cap rates are 6-8%, even higher in some pockets, relatively low vacancy, lots of job growth and some population growth.