@Kyle Klinethe best way to build initial capital for RE... is from a W2 job.private money isn't really a beginner strategy... and if it were easy to fix and flip to generate capital, we'd all have side flipping businesses. 

Don't just let them write you a regular check and see it bounce when you go to the bank later, or initiate a transfer that can later be rescinded.

My initial hunch is that there may be extremely limited options of what can be built, and a likelihood of nothing being allowed. 

I am looking to purchase in cash initially and then refinance. 

Or based on the initial estimate you gave them when applying?

It's worth 50% more than I initially invested and I've pulled out all of my capital via cash flow.

@Bob Stevens As I mentioned in my initial post - we wouldn’t take the entire SD balance, maybe half but this amount is truly unknown until we consult with a financial specialist. 

Initially my investing was buying my own trailer house to live in, then it became a bigger nicer trailer, then land and trailer, then house, then a second house, etc. 

Initially I wanted to acquire 20 rentals, but now I believe 10 would be a great number for me. 

Apparently my initial post was a little confusing.