I then did some wholesaling, land flipping, did some more buying and am now just doing lending to build up active income.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k Darnell, did you get your questions answered?

We have taken over several buildings in Berwyn from clients who have moved out a few years back, and that I get. 

To save those costs, you might want to stick to some year build and older, for example, if you cannot do inspections on the properties that you are buying due to off-market deals or something else that is hindering you (all sellers I buy from do not want anyone in the home till we close).

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

I didn't know at the time of purchase, but it can be a deal breaker (from what I've been told by several contractors) on putting up recessed lighting.

Lower Repair CostsHiring licensed contractors for minor fixes can be costly.

Connecting with investors is a great move too; it’s one of the best ways to gain real-world knowledge and build a strong foundation for your journey.What kind of investing are you most interested in? 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?