If you want to build net worth I can't imagine you'd find anything in real estate better than rentals.

The inspections could include, but are not limited to, building, zoning, VDOT, fire, and health department.

Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease.

All of the new builds will be north of Ruben Torres and up towards Olmito and Rancho Viejo. 

I have a team of four people building a fix and flip business. 

(I also do all of the advertising, tours/viewings, communications resulting from the advertising, but once all of the rooms are rented, and I am purely managing, how are property managing hours discerned, I suppose that's my question here.)

Have a base price that you pay for small things, and build off of that for bigger jobs.

Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

House hacking can reduce housing costs and build wealth by providing tenants and property appreciation.

If its a new building then its sometimes more if the banks are breathing down their necks.