It will probably be a bit grueling but I think it will pay off the most, definitely in terms of experience (negotiating with sellers is a skill you’ll use for the rest of your life) and possibly in a deal as well.

If that's the case, perhaps you could look into finding an opportunity where you can be an onsite manager of a property in exchange for a discount in rent, thus earning a little extra money in the form of discounted rent and also getting to learn property management which is a very valuable skill in RE investing.

Creative and sky is the limit. from is flat piece of dirt and turn it into nice housing that people will enjoy living there is rewarding and a sense of great accomplishment. 3. skill building, it require many areas of expertise from start to finish. the amount of knowledge and skills one will learn is a lot more than just flips or buy and hold. from the understanding of zoning, city planning, drafting up plan with architect and engineer, approvals, documentations and financing. the list goes on and on. maybe this is as much as a cons than a pros depends on how one sees it. 4. development low income housing, we have a housing crisis, and developer are not focusing on people with low income, they have their eyes on where the money is. dealing with state programs can be lengthy but worth the effort in my opinion if the outcome is to build something that is profitable at the same time giving family a better home/environment so their kids can thrive.

Tell her you will put down $x as soft money, and in x days it will go hard.

Can totally still work though.It really all comes down to how much time, interest, and skill you have to invest. 

You are simply shifting your management responsibilities to a single issue as opposed to multiple separate properties.Being a active hands on landlord requires not only specific skill sets but more than anything else requires the desire to self manage.

My self-awareness of my actual skill level saved me from going bust.  

Wholesaling draws me because it gives me a chance, while I’m young, to put my skills and work ethic to the test and get into the real estate world.

Ideally you can have a trusted contractor issue a bid for a scope of work or perhaps the most skilled person you know in construction.

This is where your skill level of assessing the deal prior to making an offer comes into play.