You want to take on a project that will be easy to sell and move quickly.

Deanna, We are kinda big compared to most mom and pop investors, there are 4 owners in Colorado (Steve G, Steve W, Manny, and Me) and then we have a Partner/Project Manager in each of our markets.

Over time, with decent records, you will be able to develop your own conversion percentage and really be able to project, if I look at 100 houses and make (super low) offers on 75 of them, I can expect to actually negotiate and buy 2 houses.

Aloha - I'm considering a few projects in Maui and would appreciate the recommendations of any general contractors who can fit the ROI-based business model of investors (i.e. not going for magazine covers).

Would be happy to share some of thing projects we have done in the Mid-west. 

Either way unless you have been developing projects of this size you may be just spinning your wheels. 

We are managing the project 100% since they are out of state.

I currently work as an engineer and project manager in the healthcare industry.

We use Carrier and Trane for commercial projects, I would say look for a reputable service company for installation, or through referral. 

I have seen amazing personal growth in myself over the last sixteen years and now believe I enjoy high quality partners because I have evolved as a contribution minded person.You're not going to succeed in real estate unless you go through massive failure.