Land owner got suspicious when top level water tank was built on 10th floor.

I'm suggesting you avoid Fortune Builders $25k level, but local boot camps by your REiA maybe $499, even $999. 

That being said, I am sure that building from the ground up is another level and I am setting myself for lots of headaches but hey, I gotta learn somehow. 

I consider the type of care that needs to be taken to avoid fraudulent investments in a self-directed retirement account to be on par with the level of care needed to avoid fraudulent investments with non-retirement money.As for self-dealing, you are correct that these accounts are for your benefit later on (presumably in retirement).

Your main role is to ensure that the level of stuff is not causing maintenance issues and that you can get access when you need it. 

Check out the book, the Flipping Blueprint it can give you some guidance on flipping estimates, it depends on the level of rehab there are some rough numbers once can use as a price per sqft.

Rather, they are readily observed by the seller and therefore it stands a chance of connecting on a deeper level with them than simply flinging lower prices around.:) 

I have one house that we did about 3 years ago that glue-down was the only reasonable flooring to use because the house was old and the floors would have been too much work to bring them all as level as they need to be for floating.

So FI level needs to be asked specifically. 

Lenders like income streams that have two years of history; if you're a W2 employee, you need two years of employment in the same field, and if you're self-employed, you need a business that demonstrates the same level of income for two years.If you buy some property for cashflow, a lender probably won't count the income until you've owned the property for two years.