We moved to the Indy area and brought new construction home in the Brownsburg area.

There are pros and cons for this approach and yes the Contractor and Architect would be on the same team and work in tandem.  

I need advice on deciding what is the best approach for this situation.  

Best approach is to not invest in properties that do not have separately metered utilities.

Definitely the former.I actually had an eviction once where they brought the tenant to the hearing while he was in custody.

I've just never been in a big rush to lose money so that approach doesn't appeal to me personally. if you want to rent, and use your capital to buy a cash flow positive property, then that's not such a bad idea ;) 

From a viewpoint of maintaining W2 income to qualify for traditional financing I can understand it however when the ball is officially rolling and you have a fair amount of capital in your possession what has prevented you from taking the leap into a more full time and active approach to your investment dealings?

The daisy chain approach almost always ends up in a tremendous amount of your time being wasted, and the deal falling apart. 6.

If this is a repeated behaviour, you need to take a different approach. 

I never considered attending as a seller's agent until I changed offices and my new broker brought it up and encouraged the agents to do so.