@Kenneth Shelley   another way to put what Don mentioned is you may want to walk before you run.if at this point in your career your asking these very basic questions your not really qualified to lead your investment group.. you may make it ok but you could very easily go through a steep learning curve and lose your close friends money and based on my long career working with investors I can tell 1000% you lose their money in a RE deal and you are no longer friends no matter how close you think you are now.as for some constructive feedback here Is what I would consider if I was in your shoes.I would get my Real Estate license so you can prove to them your a professional and care about your craft..

Probably week after Memorial Day..?

It is a brand new construction from Style craft builders.

If you can refresh my memory.

I don't anticipate a contractor to perform his craft any less effective just because we needed to cut costs.

I've been working construction for quite sometime and I order reak the benefit I must invest more time into the craft and less time doing what I want to do.The reason I've chosen to pursue real estate is because I want to learn but I also want to help people get a head the same way I would like to.Some of the avenues that i would like to learn about are wholesaling, fix and flip homes,buy and hold rentals, little or no money investing.I'm excited to see where this will go and 100% execited to change my life and those around me.

Happy Memorial Day!

I'm so tired of my current job that I actually spend more time at work focusing on my craft of buy and hold lol.  

I know a great deal of other investors also there is a group off of 51st & memorial on the south side.

I couldn't find a phone number so far but i do have an address ill try sending a mailer or something. there's no mortgage the house is free and clear, and  can you refresh my memory on what a prelim is and how i can run one.