Most who possess both attributes recognize its more profitable to simply build for themselves which leaves very few qualified builders for 4 unit ground up projects and those who are truly qualified have to be incentivized monetarily to take on such a build which cuts into your margins.

So, take the time to understand the market, set clear goals, and embark on your real estate investment journey with confidence and a well-informed strategy.If out of state investing is something you are considering, I'd be happy to connect and share the Kansas City market and insight on turnkey properties.Wishing you great success as you set off on this journey!

Great job taking the leap!

the challenges with flips  is that there are so many angles to try and cover / consider that it is somewhat like spokes on a wheel… even if you just take it system by system… roof, plumbing, AC, foundation, subfloors, electrical, appliances, septic, materials expenses, holding costs, taxes, etc.  

Be sure to take advantage of the fantastic tools available here.

I've heard of people taking on $0 down hard money loans, but I'm seeing much larger down payment requirements in this post.

What this implies is the average San Diego purchase has huge negative cash flow at acquisition.My opinion is it is likely going to take more than 3 years for a high LTV home purchase to have positive cash flow. 

Also, any comments about taking the homebuilder vs investor route would be super helpful.

See how much money you can take out of your property and how much you can rent the property for.Don't overleverage yourself.

I, like many used to think “newbies” posted questions or asked for “help” to obtain the best advice from experienced investors, obtain guidance on strategic alternatives, or get a qualified opinion on whether the latest hot guru was worth the $40k price of admission.But, I was WRONG.No, none of those reasons are why newbies come to BP.They don’t want to find out that their “revelation” about how to invest has been tried about 10 million times - with limited successThey don’t want to learn that without capital, knowledge and experience their willingness to commit weekends is near uselessThey don’t want our opinion that they should skip trying to wholesale and spend some time learning as a licensed agentThey don’t want advice that has them taking classes at community colleges or learning real estate law, finance, or principles.So WHAT do they seek when they come to BPThey want comfort, encouragement. and to be told their thoughts are correct.