Now that I'm in the action phase I've had trouble actually finding deals but I guess it just takes a while so I'm trying to both work hard at in at be patient in waiting for the right thing. 

First of all investors (in a business) would be able to pay a higher price for houses than individuals (since business would be able to deduct the interest), though house prices would go down, the cost of owning a house would go up, so there would be a balance there, but I think that there would be a net loss of individuals buying houses and more renting, since the comparative cost of renting would look cheaper to buying.Then if this happened suddenly (not phased in over some years), immediately the house prices would go down and immediately many people would be underwater in their homes (again) and we would have a crisis.However, in thinking about this, to be in the same place financially, a person would just have to start an LLC to buy a house, and have that LLC rent it to themselves, and thus the company would be able to deduct the interest... so in the end the only people to gain are the lawyers setting up the LLCs

Then 1) check their license with the State website. 2) Ask for liability insurance and insist you are named as additional insured. 3) Make sure they are bonded as well. 4) Check their Workers Comp policy, make sure it is current. 5) Always get a lien release before you pay in full for a certain phase of the work like plumbing/framing/electrical etc...6) Never pay upfront, other than possibly materials...a decent Contr should have enough in savings to get going on a job.

Hey Sendhil,Whenever you get closer to the construction phase feel free to contact me for HVAC services!

But I want to own RE.Here's my planPhase 1: I have and am still in the process of completely transitioning my team to start generating Off Market CRE Deals Phase 2: Assign the Deals / Partner (#1 this allows me to create solid relationships - I provide the 1. deal +  2. hustle and they provide the knowledge; or the buyer if its a JV) (#2 this allows me to get really good at finding deals in CRE)(#3 this allows me to see what exit strategy and asset class I like best)Phase 3: Vertically Integrate, Start Taking Down Deals & Operating with Own Capital using Creative Finance Strategies (was initially thinking (NNN - Industrial, Retail, Office)I'm still committed to it, however, I am having second thoughts because there was someone I was really looking up to doing NNN who claimed to go from 0-150M in 3 years, I will not name him, however, it seems like he might be in trouble.

Because MY goal for MY real estate investing was never to build an empire - but only to keep as much of MY valuable TIME to use as I choose - (no 9-5 job)I have "enough" - My income from investment property is enough to support my life and build in the future - Leverage was a tool I used during my growth phase, but I feel much more comfortable now that my debt is gone ....

I thought I could do phases where I just built one building for like $800,000, sell the units, rinse and repeat. 

Aaron T.Thanks for this insight, if I heard correctly, the city of Tampa is phasing out duplexes.

Rent up phase is 1 year, so say another year of interest expense. 

This phases out if your income is over $100k and goes to zero over $150k.