In my 20s I did Construction, Demo, and Remolding for a few general contractors.

Purchase price: $1,450,000 Cash invested: $2,000,000 Sale price: $2,300,000 Letter for bank financing:"Dear Debbie,We would like to apply for a construction loan to fund a project that we are currently finalizing our construction plans for.

So, I'm very comfortable in the construction space.My husband and I have been investing in real estate for 5 years, currently have 14 units.My strength has been value engineering our construction projects. 

For flips, I have a minimum profit potential of $40k For new construction, I look for ease of the build.

These relationships serve as the bedrock upon which an empire can be constructed.

(A) For an accessory dwelling unit described in subparagraph (A) of paragraph (1) of subdivision (e), a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family dwelling. home."

On average, 20% to 40% of those components fall into tax categories that can be written off much quicker than the building structure.A Cost Segregation study dissects the construction cost or purchase price of the property that would otherwise be depreciated over 27.5 years for residential property or 39 years for commercial property.

If you were a construction company then yes or maybe a property manager - but just an Investor don’t waste your time3.

I’d honestly rather just look at buying one off condos at this point, probably not gonna cash flow either but at least you take some risk off the table and can get into more stable areas with less construction (mainly NW)  

2) Re the flip, Do you have any experience in construction, or dealing with contractors, as well as your local building department?