Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

It appears you are focused solely on the financial components of the project without understanding the insurance and liability factors of self-performing the project in the manner in which you propose.

I have about $180k in equity in one of my investment properties and I have a nice amount of cash on hand and I have an idea that I would like your thoughts on.  

@Ben Whittingtonthis is not an area i am involved in but i am curious what about it appeals to you and if you're already invested in other areas.

I think that would play a big factor in how I would respond. 

And do you have enough working capital to invest in real estate each month? 

Your situation is very familiar with situations I've come across in our Investments business.

Investment Info:Other buy & hold investment.

I'm looking forward to discussing investment strategies (traditional and fringe) with many of my house-hacking friends and peers over the next few years--especially in the Green Bay region!

Ultimately, it's crucial to weigh the potential costs and headaches against the potential return on investment.