Others entry points could be the BRRRR method, or even buying a house and simply renting rooms to get started as a landlord.

You'll probably have to give up your security deposit too.

Will be paid for out of pocket by the time i actually start building, by which that time i will secure construction financing to construct the actual buildings.

@Matthew Michels In order to find motivated sellers, you'll have to try out a few different methods to see what works.

I am a security manager and I have a second job as well.I work 7 days a week .

I feel this is a good thing when it comes to investing.For us to get on the same page regarding investing in real estate, I had to show her how we were financially secure enough to be able to do so.   

The IRS doesn't seem to care which method you choose but it must be reasonable and consistent. 

trust deeds non judicial. so like in GA and MS  which is trust deed country or in GA its called a Deed to secure debt..it can be quit fast 90 to 120 days from filing the NOD .. in mortgage states and particularly NE states the process can take some time but usually at least one year.. to from what i have heard in NY it can take 3 to 5.. borrowers and lenders can also stall things out a bit using different methods.

thank you Chris I thought of it the same way...as secure. 

I want him to feel secure with the arrangement as well, so how do we word an agreement so that he also has some certainty that his work will be deemed satisfactory and I can't just say "I don't like it" and break our deal.