This way you can ramp up your savings AND learn some RE skills.4.

Can you self manage to save you all the headaches?

I saved nearly 50k on my last rehab which in return yielded much more equity in the end.

DM me and let's find the time to discuss further.Good plan to get into real estate investing!

Our plan is to move her to part-time next year and have her qualify for REPS.

Your insights have certainly given me more to consider, and I’ll proceed with caution and thorough planning.

That would save you a ton on income taxes.

Rate will also be much higher, given that you can get a loan with a bank at 7% and you can park your money in a CD or High-Yield Savings at 4.5%-5% Interest.

In this case, it would make sense for me to get the permit as an owner-builder and I'd save $, but I'm inexperienced. 

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!