Our deal was a new build.  

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

I can also send you list of contacts to help you build your team.

Building connections with like minded individuals to help each other achieve their goals is priceless.

The other half is a mix of spec and owners buying lots to custom-build for themselves (more of the latter than the former).

@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.

I was on island earlier in the month for an eviction trial and stayed at the Waikiki Banyan for a few nights - that seems to be a popular STR building.

I’ve watched a lot of videos on how to screen and how to set up work with contractors, so I’m hopeful to build those relationships more in this area in the future.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm currently planning to purchase a commercial multifamily building in Chicago with the proceeds of a 1031 exchange.

There was a news reporter at the sale and they interviewed the high bidder, who admitted that they had not seen the property, but were certain that they would be building their family home there.