The currents owners form a partnership/LLC to get a construction loan for this property 15 years ago.

I have been working construction for a few years now and want to use this experience in investing.I am currently building my first home and would love to learn from experienced investors on how to go about flipping houses.I learned about bigger pockets just a few days ago while at the gym and listened to the podcast while working out.

The more you have, the more options you have.You will need a construction team, an escrow company (or closing agent - attorney in some states), and a title company.Having access to REO and short sales prior to them hitting the market is a key leg up in this market, use that to your advantage.

At the same time, I have to learn somehow, as I'd like to grow my rental business in the future.In the Good/Fast/Cheap equation, I don't need it Fast (not carrying a mortgage or construction loan, so taxes/insurance/lost rental income is the only downside of taking a long time), but I'd like it Good and Cheap.Am I foolish for thinking I can oversee a project of this magnitude?

I am a Commercial Construction Superintendent in the DMV area and a reluctant landlord.

No problem, you just become an insurance inspector, or anything else that comes to mind.

My partner and I own and operate a hotel construction company and are decently well networked within the community.

I really want to be sitting down with her...well, yesterday so I can get my inspector in there ASAP....but, an introduction by Tuesday is my goal.I've seen posts about how to locate property owners who are MIA...I will shamelessly share for your entertainment, and shock...I am determined, so yes, you will be shocked...how I have gone about locating my friend who I call Wald-a.

We have been adding R-50 attic insulation when we insulate even exceeding the R-38 building code for new construction.

@ Face Lift Construction Inc.