So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

My advice is focus now on building your branding, business and client base in real estate.

but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build. 

Hello @Hudson Filippi FHA does have a One Time Close construction loan that will allow you to build a home.

You can start building out a team(GC, Agent, etc) to start analyzing numbers.

It will help build some knowledge and you will see more deals happening and how they do them.

I am looking to build up a network here on BP.

I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!   

I myself use airtable and just build it out in there.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.