We're in the - short inventory, increasing construction phase.

I'm in my gaining knowledge and setting up my foundation phase and currently focusing my efforts on wholesaling with a goal of moving to flips.Excited to learn and connect with you all!

At 100k the deduction starts to phase out and is fully phased out at 150k.

Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

In phase 2 of my growth as a REI, I would have the contractor do the shopping and used Home Depot’s “text to confirm” system where you can see all the items the contractor is purchasing (with pictures, quantities, and pricing), and then you approve the purchase (or deny it) with the credit card on file.

I am at the phase now where I need help/coaching analyzing deals to ensure the numbers make sense with decent ROI, CoCROI.

Ask around coworkers to see where they invest theirs.Second the idea of a Roth 401k.You mentioned that you dont qualify for a Roth, so your income must be above the phase out limit.

For example if it is a 60k job and it takes 6 weeks we will usually be able to send 3 invoices for 20k each in phases upon scopes completed.

We’re in the rehab phase and are prepared to complete before the end of the year.

My two cents would be to start with a solid business plan that accounts for phased development.Also, even though you're outside city limits, keep an eye on county regulations.