Diversify the portfolio in the markets, bonds, and some alternatives like real estate.

Just an alternative thought, depending on the state you are located in, would it make sense to open an LLC for the management of your rentals? 

  :)  I would most certainly consider building if the location, permitting and cost of materials/construction make sense for the area. 

bathroom rehab depends on plumbing but i expect min. 3K for lighter one.kitchen rehab is about 2-3k ; the cabinet is not expensive.that's labour and materials. 

Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.

It seems at first glance many of the books cover the same material. 

I am planning to excavate my project site at 1893 N US Highway 1, Fort Pierce, Florida, and I require approximately 45,000 cubic yards of fill material.

However, construction and material rates are fairly close across the nation.The only half decent deals I've seen within this sector that make it financially feasible is to find an existing warehouse that could be converted to smaller spaces if possible, which helps cut down on time the property remains unleased.

Not having any luck finding my buyer a flip on the MLS, so I was looking for alternative ways like reaching out to wholesalers. 

Can anyone help me out on a way to explain this to him without hurting his feeling or give me an alternative way to still make this seem like a valuable option for my brother without giving up such a significant portion of the equity in the property?