Well, he was more than right,  we purchased a house with a decent comp and to my surprise  we made the same profit margin that we would have made if we did a full gut rehab and saved  months of interest, labor, material and taxes. i guess I learned something new.

There are also FHA Commercial Product but these programs are for much larger loan amounts and properties.Let me know if you have any questions.Regards,Joe Scorese

Obviously there's a wide range of price/sqft depending on what you're building, but maybe there's a clear trend of labor and material costs that you've experienced? 

Joe Homs thank you for the advice !

crowdfunding websites are of concern for me... i guess i don't understand them well. here is the quote from one of the web smarts:"Here is the problem with crowdfunding and Joe can probably better elaborate from his experience: I recently had an entitlement-add deal fall into my lap.

@Joe Splitrock I agree with the logic of not paying down the mortgage in favor of other investments.

The labor market works on supply and demand , you get rid of cheap labor and wages rise .

There are wholesalers, real estate agents, investors, bankers, hard money lenders, pretty much anyone involved in real estate :)-Joe

Great way to start networking and pieces of education to fit your real estate direction.Big suggestion, start looking up local REI events in your area and start gathering your power team and network in the area you are prospecting.Great way of having the best of both worlds of online and in person connections.Let me know if you have any questions.Regards,Joe Scorese

I would seek out @Joe Villeneuve or @Jay Hinrichs and try to become junior partners with them, or at least get their coffee :)