Unless your in a market like the Bay area were you pay 1.5 mil for the lot and build a nice spec for 200 a foot say 3k feet for 600k  and have 2.1 in it and sell for 2.9  which is common the 15% of project cost work.but if your in a market were lot is 100k   build is 200k and end product say is 350k.. and you pay 30k to the builder that is far to much by double.we hire for flat fee if we are financing the whole job and they are simply acting as GC and have no monetary involvement.  10 to 15k a door. is what we pay.. and if we are so inclined there can be a bonus if we do real well.hope that helps.. careful to tag your jobs to % of gross construction costs you may not like were you end up.

If you decide to move forward with property management, do the same thing and make sure you find the right fit.Personally, I would be more inclined to manage my first; or first few properties myself and as we close in on that time vs money threshold, that's when I'd consider bringing in property management.  

I guess there could always be an outlier, but I'm inclined to say that just wouldn't ever happen.

I am not inclined to cash out my IRA ($1.2 million), but I was just trying to see how I could use that money to generate some return better than the current market yet prepare to retire at 59.5.

I neither have the time nor inclination to spend very much of my time engaged on this or any other forum so often what I post is a short version of what I share with clients and customers.

I would be inclined to go with this logic if it were part of a larger development or subdivision in the works, but this missing road is lined with various individually owned lots, so am I to assume unless all the lot owners get together and co-sponsor the construction of the road, that it will remain as is?

I just need a basic Guideline on what WON'T pass via a VA inspection , so I'll know which Houses to Avoid and not even consider, since they'll be more Inclined to not Pass, with X Y Z repairs being neededQuestions:1.

I am not inclined to do the self directed IRA as my main goal is Cash Flow for obtaining my freedom number which also addresses retirement needs down the road.

I think I would be more inclined to go the 2.5M in plain, boring, apartments or shoot, what is that... like 6- $400,000 homes?

Assuming 50k in repairs, I am inclined to offer 385-400k.