In most states it is very easy to file a mechanics lien against a property owner. 

I'm looking to build a 2500 sq ft two level ecofriendly single-family home which incorporates natural surrounding into the design, I'm trying to figure out what my cost should be for architectural plans: elevation, floor plan, mechanical, plumbing, electrical, etc.  

These would be properties with good roofs, windows, siding, and mechanicals.2.

I am an automotive mechanic currently making just shy of $30hr.

If you don't have the expertise to do the due diligence, bring in a broker for their opinion / aappraiser and a few contractors to look at the home structure/mechanical's.

I think both a HELOC and a hard money loan are really something you should consider a bridge financing mechanism.

I'm 24, working in the Texas oilfields, have a Mechanical Engineering degree, and sitting on some cash.

Accessible cash for downpayment and capex, your financing mechanism what percentage downpayment?

I am not that concerned right now given I think there will always be mechanisms in place to avoid it (move into one of the units as an owner, move a family member in, do another renovation, etc) but want to make sure I am not making a big mistake here.Thanks all!

This duplex was flooded in the 2008 flood, so much of it was gutted with new mechanicals.