While no renovations were required, our effective project management and marketing efforts ensured a swift resale at $200,000.

This effect is very powerful.

This project highlighted our ability to enhance property value through strategic renovations and effective project management, resulting in a profitable sale.

That might not be worth it to more experienced investors, but starting out that seems like an easy way to build momentum and have a snowball effect.

Secondly- the way you worded this inquiry in regards to LLCs makes me think that you might not have a thorough understanding of the pros and cons to LLCs and how they effect the type of loans you can get and the liability you create or mitigate.

So, if I want to get rid of habits, it's more effective to create good habits to replace the bad ones. 

Though the current housing market conditions can influence the cost-effectiveness of buying versus building. 

You could invest some of your funds into a direct investment, and some you could put to work indirectly as a private lender.To be clear, I'm not advocating that you should do any of this.

House hacking is effective.

Plumbing was installed in violation of code requirements in effect at the time of installation....Violation 5: PermitsNarrative: Please obtain the following building permits.1.