Plan is to add two additional units to the bottom floor and remodel the upstairs unit. 

You provide a basic outline of a plan most investors can use to create a 7 or 8 figure net worth.  

Im a GC... but I got my start by working in various trades for free...

The plan is to get the home producingincome and then begin dividing the 20 acres into building lots.

Purchase price: $519,995 Cash invested: $519,995 Sale price: $610,000 My plan was to invest in a new construction 3 bed, 2 bath house and rent it.

Charles,I like the idea of deferring taxes until death :lol: I plan to enjoy the mula while here!

Will be using a GC for the new build, but after doing 6 flips in Cleveland and running into bottlenecks of how much the GC can handle, I'm wondering if just subbing out each trade would be quicker and cheaper than waiting on GC's who are overbooked and managing over a dozen projects at a time to finish out my own projects. 

I plan on doing a cash-out refi to get that tax free money back outI'm not doing a 1031 because I'm moving to Georgia after this sale and have a lot of other moving parts to think about.

I don't plan on dominating the niche haha, I want to scale to bigger properties, but I want to gain experience first.

We can go there and have a look anytime before then, and I can send EMD if everything is as I planned.