Tenant screening has become extremely important and zero risk screening is necessary.

The builder's risk and vacant dwelling policies are expensive and cumbersome to get for each property individually.

And thanks for reading, I hope it gives newer investors the confidence they need to jump in and take the risk!!

I am involved with all aspects of the company.I have come to BP because I am looking to network with/learn from successful real estate investors.Real estate interests:Flipping Spec homesRentalsI also have my construction supervisors license.

 So on a deal like this I asked myself how good is the deal for the additional risk.

My main reason for looking into hard money lenders was because i was thinking about getting into brrrr deals to build up my properties faster just not sure if it was to high risk to start off with as i don't have all that much equity and funding as of now in case something in the project didn't go as planned.

A great deal will minimize your risk, and you make your money when you buy. 

Too much risk. at least for me.

I haven't explored condo conversions or anything like that as it involves a more sophisticated market understanding that I don't have yet.

Laying out an effective tax strategy involves a lot of work at this level, so just be prepared for this to not be quick and easy.I'd start by first having a meeting with your current adviser and ask them to explain their current advice.