I am not sure if this is the correct forum to post this, but I didn't see anything specifically related to my question.I am currently trying to build/rebuild my credit.

My goal is to rebuild my credit but I am clueless and don't even know where to start. 

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$45K for a renovation and rebuild plus architect and permit is not doable in our area. 

I still plan on waiting a few years and just working with him and taking a percentage of the successful leads which I provide and just saving and rebuilding my credit.

Knock it down and rebuild for something that smallNot only will costs be close to equivalent but you will have a new construction house versus a house which was repaired with a bad foundation.

If you are planning to invest in a year from now, that should give you sufficient time to rebuild you credit.

At this price point it makes sense to do a tear down & rebuild.  

If the burned out property is a Walmart and they're in the process of rebuilding then yes.

I'm having a hard time getting started as I see deals I want however while rebuilding my credit I'm  sitting about a 620 and I have close to 12k in savings that we have saved but from what I can tell that is not enough to obtain a home as I already have a primary resident.