It seems like the majority of investors think that the trade offs of losing cash flow during the construction phase, and the cost to build vs rent doesn't make up for the benefit of having a brand new house unless you are a really big builder knocking out neighborhoods, but I think there is definitely a market for it and could be a great strategy even for the small guys. 

That's the only way that they can really afford to keep their REIA's going and make money for themselves.While I don't knock going to the REIA's because I find great deals in the room from people that are just getting started and I can help them through their first couple deals.

But if i truly listen to that inner voice it's saying 'walk your target neighborhood, pop postcards in letter boxes of potential flips and do the really hard thing by knocking on doors and speaking with people'.Bit of back ground, moved to Austin from London, England 3 years ago, I've been in the tech industry for almost 20 years, i got into REI 10 years ago but hit the pause button when market went bad, my beautiful Wife has been a Realtor for about 14 months which got me all fired up and determined again.

Over the past few years I've rented to a number of single female parents living from hand to mouth, any little event in their lives knocks them off track.

However, I'm back on the roads driving for dollars, knocking on doors and leaving notes for the next potential deal.Any words of wisdom, strategies, or basic advice that would close the deal in the future?

I was knocking on doors and speaking with fsbo sellers on my own and quickly realized I was leaving money on the table. 

So to the potential highest bidder, all I have to say is this, do not be afraid to knock on my door have a short conversation with me and just keep me in the loop about what happens next.  

We're showing it this coming weekend and are excited to find a better tenant, knock on wood. 

and most turn keys are not knocking down an unreasonable profit given the risk time experience..   10 to 20% profit on a deal is standard in all forms of value add real estate.  

(A subcontractor or supplier if not paid by the General Contractor could lien your property if they are not paid, and you want to make sure that doesn't happen)When releasing money for work, if there is a subcontractor or materials supplier that has provided work or materials, be sure to have a SIGNED LIEN RELEASE from them before paying the General Contractor (it can all be done concurrently) If the house is a total knock down and rebuild new, make sure the contractor has experience dealing with the process from plans through final build out.