I have been in the field (construction/building) for almost 14 years now and have been contemplating jumping in to real estate with my partner since we began this venture.My business partner Shawn, is a classically educated guy, also in his early 30's.

Having visited recently, the neighborhoods south of there seem to have gotten a bit of new construction in recent years.

Become an expert in marketing, construction, project management & sales.

OK, I do think that he will be doing new construction on the site and there is a 1031 into new construction of a similar property, but I will see what I can find out.

The windows are bordered up and sometimes i see construction workers go in and out but not enough to the point where its is going to livable in the next 6 months.

@Richard Oswald Google "Critical Path Method for Construction".

Kyle/Buda looks like it is flooded with new construction, I haven't been seeing many older properties for sale (granted haven't been looking that hard there).

I already have a team for construction and some property management, but was wondering about outsourcing for vacation rentals. 

They will also incorporate a construction type loan you can work into your loan package for the remodel.

I have seen estimates for new construction of $125-$200/sf, but that includes the actual structure, which I already have.