So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be? 

A careful present value of the two strategies would need to be made based upon a specific investor's circumstances, goals and objectives to determine which would be best for them.  

The demand is pretty high especially if you are near Hospitals and Military Bases.   

I've been a developer for 17 years on projects across the US and we do both JV deals and consulting based on what is most beneficial for all people involved.

Some banks offer accounts with no monthly fees or provide ways to waive them based on account balances or activity.3.

As far as your strategy you want to move forward with, I would recommend find out exactly what’s allowed  for your parcel, and then strategize based on your local market.

Based on what you say, yes.

Here's a list to give you an idea:Startup Costs:Down PaymentClosing CostsProperty InspectionAppraisal FeeProperty InsuranceInitial Repairs and RenovationsEmergency FundOngoing Expenses:Mortgage PaymentsProperty TaxesUtilitiesProperty Management FeesInsurance PremiumsMaintenance and RepairsVacancy CostsProperty DepreciationLegal and Accounting FeesRemember that these costs can vary based on factors like location, property type, and personal preferences.

Purchase price: $134,000 Cash invested: $44,280 This was a perfect house hack with buying a home as a primary residence using a 10% down conventional loan and renovating while living in it for about a year.

These types of loans are approved based on a proforma and plausibility.