Like the car salesman/hustler who converts “ups” at a super high rate; or the guys hustling oil well participations over the phone.  

Highly recommend Simplified Management/Rentals.

You need to get educated and fast....I know it's overwhelming, but you need to be spending a couple hours a day on sites like this Forum, reading books and watching YT videos.

Friedrich, I'd recommend starting with high level strategy and work your way down to granular tactical action steps which will help you identify where to focus time, energy, and resources.On a more tactical note, with $50,000 it will likely be very hard to find deals that cashflow in bigger metro markets like Charlotte, Raleigh, or Charleston.

Hello Pedro, I am not an expert on your particular market, but that cost to build sounds low for the kind of high end/custom build you are describing.

I had one contractor tell me his fee would be equal to 15% of that.Does this sound high for a single family home reno project?

I am aware of the Sewage issue and i am aware that in this high interest regime it won't be a cash flow property.

(The US national debt is high, but not past the point of no return at a 5-6:1 debt to income ratio). - Income Inequality is spiraling (Income inequality rose substantially from 2000-2020.

@Anthony Finger I will PM you with a manager for Akron/Canton that friends speak highly of. 

One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.