So here’s my situation. Currently Renting (Sold a fix n flip a few years ago) looking to buy land with cash (30k or so) and put a new modular home. A couple issues with Credit/income on paper. Without too much detail ...

Cost of construction is expensive and about to get worse.

I also see your point about avoiding bargain basement properties, especially insofar as tax shielding is easier with an asset of a reasonable size.Your point about barriers to entry is also interesting, since I suppose those barriers can be geography (natural boundaries of mountains/water), but you're probably referring to that which impedes future construction?

In most of Raleigh city limits specifically, the lack of room to build new construction developments has stirred the folks in zoning.

all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.We're talking about 15 hours of hands-on work every single week of the year.

Can I get a loan for the down payment / construction costs2.

Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

A new construction ADU will be appraised significantly less than the hands-off construction cost.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.