Delegation is  key to effective management of large projects.

the numbers are as follows:purchase price: $ 25,000rehab costs:      $   5000closing costs     $   3000ARV                   $ 60,000 ( professional appraisal)projected profit              $32,000I have purchased several houses in this city and currently own 2 right in this neighborhood, in fact, one right on this same street. the code enforcement officer in this city and i are literally on a first name basis and he has never, ever set foot inside any of my rehab projects because, in his words, " i trust your work". i feel greatly confident in my knowledge of this neighborhood and its ability to sell quickly. 

Commercial real estate investing is largely a matter of analysis regarding financial data, conservative projections based on that data, and market/feasibility.  

If you are or become an accredited investor, you can buy into institutional grade $50-125M projects with as little as $100,000 and diversify.

Is anyone familiar with Cypress park and the areas surrounding the restoration of the LA River project?  

I've been a Project Manager in the Oil and Gas market for over a decade.

., I agree with John Kent on this for an Attorney, simply put,  the project your working on will consider more information than you would a Residential Home.

you don't owe a mortgage, so there is no time clock ticking away for paying this back (plus interest). you also mentioned you have a full time job that sounds like it pays well. why not take a break, save the money you need, or pay as you go per project using your paycheck. if you haven't had to borrow money at all for this project, why start now?

But once you find a great contractor, you can use them indefinitely in their area of expertise for most all your projects going forward.  

I have a very good contact that we use for large projects throughout the NY region.