Maybe the market is hot enough that you could still turn a profit selling as is, but typically, sellers will ask you to take care of them before closing AND likely pay less for the property simply because there are known defects.

Welcome to BiggerPockets Michael and best of luck investing!

Typically the buyer makes and interest only payment on the loan during construction. 

Is that typical, anyone 18 years of age or older regardless if they were a child of the renting parrents, needs to apply?  

There are raw landing investing courses and groups available filled with practical information from people who are making miloneyninvesting in raw land.

First, invest in high-quality photos specifically tailored for STRs.

For example, at two events in the past week I met: a Dr. couple looking to get into investing, someone with four houses, someone with two duplexes, someone with a title company and 64 doors, someone with a couple apartment buildings and a winery, someone else with a title company and a parking lot striping company.

Have multiple exits when you buy investment properties.

Investment.

I did a investment lending to a company for land development project.