Start with BiggerPockets Ultimate Beginners Guide (free).

Yes to both.Did the construction start?

One key piece of advice is to make sure to build strong team around you.

I want to find something local (Los Angeles area), move in, do small renovations to possibly build up more equity, do a 1031 exchange, and find something better. 

Live under your means and start thinking about investing in Real Estate.In your position the thought of finding a duplex to house hack, live in one side and rent the other. 

When my wife and I started out we new we wanted to invest but did not know how to, we took action and unfortunately found a family friend realtor (amazing learning experience) then we found bigger pockets. 

I also want to build my network here with other likeminded people who see the power in real estate.

This might he the start of a new niche to take advantage of.  

I wonder if building condos that are more affordable for people to purchase could be good.

If house hacking isn't the best option for me, how would you recommend starting out to build up some investments.