Personally, I would start by getting a proposal from a builder to build the home and compare that to your estimated selling price to see what your profit would be. 

If I was starting out, and lived in the area, I'd be hammering tomorrow..If you're hiring contractors forget it.

@Stanton Ward Congrats on starting your REI journey.

I am new to real estate and wanted to get started house hacking.

Typically lenders would request 2 months of rental receipt + bank statement showing the tenant paying the 2 months of rent to the landlord OR 1 months of rent + security deposit if the lease just started.

NonQM is where you start.

I’m diving into the world of commercial real estate and am excited to get started here in the Minneapolis area.

If you had one that you thought you could use for your project, happy to start with that explainer.

When you are a PM starting out you start to make money around 10 properties but then you need to hire and you are back to making nothing, then you grow to maybe 20, make money, hire and then back to making nothing. 

I learned that I really enjoy originating notes and thought my services could prove profitable to other investors.I would like to start a full-service business where I help landlords convert their rental properties into low-effort and profitable notes.