For example: Say I could pickup a new construction townhome right now, at $325k.

I am totally open to ideas and constructive criticism as I stated I am new to this and would like to learn from all of you experts:) Thank you so much in advance!

Also a loan on a new construction home converted to a mortgage.

Results to be seen as this was only a month or so ago but I've already noticed an uptick in domain and page authority on my home page and for better or worse I feel confident I'm in good hands with these guys.In fact, FWIW, as far as what is out there for REI SEO services I think these guys are the best bet.

Using the 50% rule (taxes, insurance, Capex, maintenance, vacancies, property-management), that should give us ~19K/month in pre-tax profits that achieves our 10k/month financial goal after-tax and adjusting for inflation.Our assumption is that building new-construction would reduce capex & maintenance the first few years. 

Currently we have a home improvement/remodeling company, so the construction piece we have including many sub crews.

This will teach you a lot about repairs and construction. 

Lesson learned - always bet on the horse, not the jockey.

All I can afford is to buy land and then I have to hire a builder to be able to get a construction loan and as you know builders charge 10-20 percent of the cost. 3- Can you please tell me where to find the cheap homes that you mentioned?

It's really only relied upon in new construction and even then I would place more value on a discounted cash flow with assumptions for time to stabilize to market occupancy.