-trade your time right now via w2 --focus on faang, do you what you do best hire out the rest. faang for a few years will prepare your war chest and dry powder for taking on real estate where a big problem for newer investors is not budgeting enough/keeping reserves-invest passively meanwhile (LP in syndications/PE and start to at least network, build your team-OOS STR needs a good BOTG, your geographical focus etc)-househack while you live locally, from day 0. this will add tremendous experience to your future projects. get preapproved, explore your options. sfh rent out rooms if dti is no issue. or 2-4 unit fha 3.5% or conv 15% etcyou're in a great position!

Wishing your tremendous success!

BP has been a tremendous help so far !

The BP blog, forum, and podcast have been a tremendous resources for me in kickstarting my REI business. 

BP book on "Rental Property Investing" by Brandon Turner is very thorough and will give you a tremendous amount of education. 

Unless you are maybe in New Orleans where there are monolithic slabs and the slab is lifted with the house.For your 1000 sq ft house here in New Jersey, considering that it will be a wood frame structure (to lift a block or stone structure can be 3-4x the cost) the price would range from about $9000-13000 for just the lift of the home and the set down on the new foundation.The cost of the foundation will range tremendously based on what flood zone you are in, what type of foundation is called for on the plans and if you can reuse the old foundation to build up on or have to replace the entire foundation.Hope this helps.

Here is one this weekend:http://www.biggerpockets.com/forums/521/topics/164...BP has a tremendous amount of information to help you, but it is only available if you seek it out.

If you  built a 80K home and made 50K that is a tremendous reward for you risk. 

It is going thru tremendous work/updating right now and will likely be available for sale this fall or possibly in the spring.

We have seen tremendous appreciation especially when work from home became a thing because people that typically wanted to own homes in the city of San Francisco decided they could get more bang for there buck in the more affordable suburbs of the Bay Area like San Jose, as well as acquire more space for home offices, etc.