@Geoff Garber you need to make sure the deals you enter have enough meat on the bone to go around.

I don't know your situation or ability in construction but this may also be an option.

However, with limited funds of just 20K and with minimal construction experience the single family is easier starting out.

New construction sometimes works if you are one of the first buyers in a new subdivision that becomes very popular by the time it’s finished.

I'd learn about construction as well and building and occupancy codes.

Personally, I also maintain a certain level of leverage for asset protection (ie. get sued-->forced to sell @ 10-15% market discount, 6% agent fees, not much meat left on the bone @ 75-80% LTV)

Not around here, anyway.It is amazing how much construction of 7 figure homes is going on in the more expensive LA hoods.

$236,000 is pretty low for a new construction house even for Saginaw.

People think I look twelve AND being a women in construction might be just as bad.

I have been in the field (construction/building) for almost 14 years npw and havr been contemplating jumping in to real estate.My business partner Shawn, is a classically educated guy, also in his early 30's.