The options are, demo the lot, split the lot and then sell 2 lots to the builder or build myself.

Staying on the same page and building trust.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Encourage him to build credit to 680/700+, get 20% down, and have 9-12 months reserves and then he can get a No Income loan from one two different lenders. 

House hacking is a great start in building your portfolio. 

Thank you very muchBeau,In my opinion the math and the numbers on deals don't lie and are also a great way to build a plan.

Ok, but I mean is it against the rules?

., deductions, 1031 exchanges), could potentially outweigh your current W-2 salary over time.Suggest a trial period for the first deal, involving him in decisions to build trust and confidence in the process.

I personally like to buy in towns/neighborhoods in which no new builds are possible within 10 miles because all the land is developed.

I started out with little to nothing when I was in the Army and building up properties slowly.