In order to undertake a new build I would have to personally know the builder and be comfortable with his work.

Also it depends if you hire a company or if you are hiring a person and paying them hourly - the hourly cleaner will be cheaper, but there's more management involved on your side.I pay $120 per turn for a 2br condo.

In California, you must file a government tort claim directly with the government entity involved,   i. e., the police department, city or county as the case may be.

I personally would approach this with a self assessment.

Find out who is doing deals, what kind of deals and what kind of deals they are involved with. 

like - your own market. or a market a couple hours away that you can spend some time in person in. or where you went to college. or where you like to vacation.

I am not a market-timer, and a time in market person so just for folks calling that out that is with this considered.

Local and state laws are changing on the daily so I think that the right Property Manager really helps with that but hiring a PM or self managing is always a personal call.

For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you, saying, 'This person began to build and wasn't able to finish.  

You want to be able to select who rents your house and how do you know the person they sublet to will pay the rent and take care of the place?