It's always great to see successful remodels, great job to all of you guys!

Unfortunately do not like tenants and toilets and thats why I invest in land. 

Some of the potential buyers don't have the money for a down payment or they don't want to spend the money for a down payment because they wouldn't have money to remodel the building to their tastes/needs.  

Understandably, any contractor in the reconstruction/remodeling business is going to be busy for the foreseeable future here in the BR Area.

Anyway, personally those feel like too much of a risk for me at this point, as I don't have any experience with hiring/supervising contractors etc, and I suppose doing this the regular remodeling / general contractor way, any potential profit would go to the GC rather than me.So maybe I'm missing something, but it seems that for a newbie it's rather hard to get those kind of deals on properties?

I'm considering remodeling a bathroom in my current home.

That will help you when you get an estimate to remodel a simple bathroom and the contractor wants 8k in labor for 5 days of work, you can move on to the next person.

When I was considering a remodel on my own home a friend who used to be in construction warned me not to pay until the work was completed.

You may also be able to talk with your contractors and home builders and find what they're looking for in a house to remodel, then talk with wholesalers to see if you can match something up.  

I would up the rent to Market rent and if they stay Great, if not then you can remodel