The best option would likely be a construction loan, which can cover both the purchase of the land and the build.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

Second Lien Position – A first lien position is safer, but $110K may not always cover the full loan amount for a flip.

Insurance doesn't cover anything anymore and we can almost just pay for all damages with the money we spend on it! 

Your homeowner policy may cover minor repair work but probably not a large construction project. 

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

.#1 Please share the best general coaching program that covers all the Real Estate Investment domains.#2 What about the best focused coaching program that covers Wholesaling.Also, is there a list where these REI coaching programs are listed and rated? 

What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.

However, in the off chance that I am not able to cover my gap funds (est. $200-$300K) from that small circle, how would you recommend I start branching out?