If he is interested in working with his hands I would recommend construction Management.

Hi,I am thinking of buying one of the new construction homes in Austin TX.Contemplating between Hutto vs Kyle.Could you pls share your suggestions?

I only have student loan debtI have a full-time remote jobI have no prior experience in real estate investingMy credit score is high 700'sHere are the details about the property in Zenda,WI:Asking price: $235KIt’s being sold by out-of-state heirsIt needs at least $50K in repairs and updatesThe neighboring house recently sold for $235K (though I don’t have details on its condition before the sale)A family friend who owns a construction company assessed the property and noted the following:Replacement Needed: Furnace, Water Heater, Water Softener, Floor (concrete replacement needed due to unevenness), Roof, GuttersUpdates Needed: 1.5 BathroomsConcerns: Black mold and water leak marks upstairsRemodel Suggestion: The staircase is very steep and narrow; recommended to relocate and extend it into the living spaceAdditional Work: The property slopes downward, allowing rain to flow into the house.

Typically, local banks and credit unions are you're best bet. 

We are a nationwide marketplace that provides access to multiple TK investment opportunities, many of which are new construction.

Lol You can go the B2R route & purchase New Construction.

The other disadvantage of storage rental is they are generally slow to fill up, we are financing a new Construction self storage, and the lease up is estimated at 4 years.  1 suggestion would be to buy 1 container, lease it, then buy the subsequent container.

@Kent Kettell  Since you  are asking specifically about rehab lending the construction loan administration is most critical.

I'd be willing to bet the cost of repairs will be a lot higher than just the roof. 

For ground-up inspector spec or builder development, we're usually topping out at 80% of cost (land plus construction plus soft costs) up to 70% of As Completed Value.