My wife and I are looking into building a duplex on it.since I am still learning on investing in real estate.

I got my GC license a couple years ago so I could build houses myself as I was sick of dealing with contractors.I've hired plenty of contractors that were not licensed/insured and it went fine.

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

I’m drawn to real estate not just for financial freedom but to build a legacy for my family while contributing positively to communities.

I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun.

It was a learning experience but I made it work in the end.Mine was a 5 unit commercial building that needed a gut renovation, similar to yours. 

Build a team with all that time in the morning and and the time you have by walking up early etc. 

Weekly coffee held every friday from 7-8:30 at smokey row on cottage grove held by Darson Grantham  Monthly meeting second Tuesday of every month from 5-7 at Keg Stand (they did re brand & it is named differently now) but that is where it is held.

You could build or flip less expensive units and sell them to your clients/occupants over time.

I am looking at 1031 possibly or just fixed refi/or use my heloc for the time being on a value add for a building 10-40 units (market dependent on price).