Spend more than half of your total working hours in an RE business in which you materially participate.2.

What you may save in material you will make up for in engineering and architecture fees. 

Know the prices of your trades, know your material costs, know your end sales prices. 

Two coats of paint including ceilings and trim for a 1200 sqft. house in our market is at least $5k including materials.

Potential hangups with materials?

Therefore, you really need to have a great team in place and be able to source labor and materials at "in house" prices.

Discuss timelines, costs, and any materials that might be needed up front.

I have had this occur with cabinets, flooring and other materials made from overseas that the product testing compared to the in field testing of the product were very different. 

Become a syndication Co- GP by either putting  up the escrow funds or by raising money for the true GP  where you receive 1% of the GP share of project upside, then create website and social media marketing  materials where you hold yourself out as THE GP for the syndication. 5.

It will be all materials supplied, so it's just labor.