However, the other benefits of owning real estate are: - Taxes (depreciation/potential accelerated depreciation)- Appreciation (this is NOT always guaranteed, but over time, you will have appreciation)- Building equity (in this scenario, as long as rent is paid, you'll build about $140 monthly in equity)Please note some expenses that are missing from this are: - Management fees (8-10% on average, if applicable)- Estimated vacancy costs (2-3%)- Estimated repairs (5%)Disclaimer: I am a real estate investor and own four rental properties. 

I was able to negotiate a package that included the land, some of the materials, and the permits to build it.

It positions you well for real estate success but don't stop there, explore different investment options and build connections with people in the field.

Does it take years to build a new construction and when does the mortgage start for those?   

Oh yeah, also a LOVE of the real estate industry, and a burning desire to succeed.  

I have project management and re agent experience along with time so I keep coming back to flipping with an occasional brrr to build long term.

Hey David, I would say this largely depends on how many units you have, the age of the building, and the quality of the building/neighborhood. 

I am a builder and I have some land and want to build a tiny home park. 

It’s essential to build a solid foundation of knowledge and confidence in real estate investing.Learn MoreTo see some of the deals we’ve done and the successes our partners have achieved, please visit my BiggerPockets profile.

Every structure out West is an accident waiting to happen with the stupid building codes that refuse to allow stick houses to be built.