I learned a ton of valuable info from my first rental and it gave me even more confidence to turn things up. 

I'm not completely foreign to the construction process as I grew up around a family that was involved in home building, but due to living in another state I can't really lean on them for the direct, hands-on guidance. 

Also look back on their application and see if you missed any 'red flags" so this can be a valuable learning experience for you.

Without a doubt, having more experience in the field is valuable.

Wholesaling teaches you an extremely valuable skill in RE: How to find off-market deals.

If you ever have any questions or need guidance, feel free to reach out.

I appreciate any guidance.

For management, self-managing saves costs and teaches valuable skills, but a property manager is essential for out-of-state properties or scaling your portfolio.

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

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I have a family member looking to sell their older home, which recently appraised at $1 million. After discussing their goals, we realized they would like to maximize th...