I like the idea of having them roll that cost into the job if you use them as your GC.

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

I use a custom setup in Notion to manage my lending workflow and am building a mirror setup for notes, and am also in the process of testing Pipedrive as a CRM.

Let’s keep the deals rolling and the trust growing!

Why not start with a small turnkey rental property and test the water?

It's usually best to talk with your neighbors about your plans and get their support as one of the variance tests is that the requested relief does not cause a public health issue or alter the essential character of the neighborhood.Try googling "tests for a variance in [your state]" and talk with your local zoning department.

If investing locally isn't feasible then out of state investing is a great way to get the ball rolling.

But the NAHB also reiterated evidence of an ongoing labor shortage, saying, “The ongoing skilled labor shortage in the construction labor market and lingering inflation impacts account for the recent acceleration in wage growth.”For now, the hot market is still rolling.

We roll 100% of rehab costs into the loan package with 4 draws for licensed contractors.