I work as a construction manager for a GC and we typically do 25-30 million in work annually.

But other than a lack of knowledge of how to properly construct a buyer broker relationship that protects both parties, he really hasn't done anything scammy. 

lots of new construction in the area. houses going up left and right. should I buy a new construct or look for an old duplex or condo to rent out?

Look for 16% Cap Rate deals or better...the last deal I did started off as a 22% cap rate ended up being 14% after construction overruns, but I think they are still happy with 14% cap rate, and we refinanced all their cash out of the deal so end of day no one has personal cash in this deal.On a personal note you might not want to "lay in bed" with anyone you don't know ;)

First is quality of construction.

An accessory dwelling unit that is constructed above a garage must maintain a minimum 5-foot setback.4.

By me all new construction >3family homes need sprinklers, plus 1-2hr fire separation between units, gets costly.

My parents own their property and have enough space to build a 4-plex. I believe they looked into zoning at one point and it was approved and now I want to look into building with my parents on their land. I need an e...

Yes you can invest when you are young. i would consider taking a sumer job on a construction site, especially if you can get work for a rehabber.

The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.