Its as simple as a seller financing vacant land or a 1-4 unit property.

Which car ( location ) do your future kids hope you picked? 

You would think that being a G.C it would be easy to find and pick out good subs for my flips, not true.

Wow this question is so vague I have no idea how to give specifics...On a 10' x 10' room (similar to your standard bedroom) I can remove everything down to the studs in one day.1/2- 3/4 day to rewire (simple cosmetic such as changing the number or location of outlets if you're actually changing the wires itself up to higher codes it can be 3+ days depending on how the house is wired and accessibility)1/2-1 day to insulate1/4 day for any windows or doors that would need replacing for the 1 room2 days for drywall (so long as the studs are straight and level)25 hours of taping (+/- 5 hours depending on the number of corners/edges) spread over 7 days usually front loaded 3-4 hours the first 2 days, then 2-3 hours for the remaining 5 days.2 days painting; 2-3 coatsflooring will depend on the product you're using but unless it's hardwood or laminate you can usually get it done 1 day.1 day trim and molding1 day clean and finishing touches.One thing that shouldn't be overlooked is the time it takes to purchase the materials and get them to the job site.Another is where you can actually do the work.

For that kind of money from the OP, i would be looking in the Gibsonton / Riverview area. there is a lot of new construction that you can pick up for a decent price.

pretty simple this is a default  start the foreclosure process and cash for keys or Deed in lui is usually the best and fastest way out of it..

I'd pick the tone based on how much I was or wasn't concerned with the situation.Tenants want stable housing, and I haven't yet run into someone - though I know they're out there - who wants to get technical and confrontational when there's a simpler option for them.

I would also ask other members in your area to go out for coffee and just pick their brain.

During that time, I've also perused the forums picking up tips and information from the community that I believe have been pretty useful thus far. 

I cannot see how he can sell his 50% interest and repurchase it in an exchange.So JS could not sell his 50% interest in the 2 lots to "A LLC" -- this stuff should be simple or maybe it is but I feel I'm making it too complicated...haAlso could I Shane H - sell my former primary residence that I've placed in service as a rental and have a tenant in to "A LLC" for fair market value?