If it's a smaller older home that is going to be a truly entry level home for an FHA buyer and will sell for less, than you can probably do a nice reface and save yourself a few thousand.

If anyone has any advice for prospecting it is greatly appreciated. 

Show we just save up a down payment once we clear our debt and go the FHA first time home buyer route ?

I got it for 220k and sold it to my buyer for 260k thinking ARV was 550k.

I get it that you want to build a compound for yourself and your parents but unless it has to be specifically that lot in that city, being able to build 8 units is a pretty rare opportunity, wouldn't you agree....Again , I am just spit-ballling since you need to look at the numbers like construction cost per sq ft and prospective rental income.

Could you find a serious buyer with deep pockets looking for a great financed deal that could pay you a wholesale fee?

I have a potential wholesale deal lined up but I have an out of state buyer who says he’s interested.

Out of the 1,774 calls that were answered, agents were able to set a total of 19 appointments with prospective clients, and 11 referrals were received.

That's not bad for a two year hold being a first time buyer.

I started out doing Fix & Flips and then moved to buying Subject To and putting in Tenant Buyers who do all of the fixing.