Hi Damon, If you are a self employed individual generating earned income and no employees the solo 401k would be a great tool to consider.

He would build then sell the house + lot (it's essentially a loan to him so he has some capital to play with since it appears most of his is currently tied up). - The return has a hefty minimum but can go higher depending on the sale price

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

This tool is neat because not only it allows you to manage your listings across multiple channels (like VRBO and Booking.com), but it also automatically creates a really pretty direct booking website that will connect with Stripe and allow you to process direct bookings. 

I've been a bigger pockets fan since 2017, read a lot of the BP books along with Rich Dad Poor Dad, and all the other essentials, and Michigan looks like a great market so I will definitely be interested in starting our investing career out there in the near future. 

@Carl Edelman, I am all kinds of bad news on contractors, I have had prices double of what was estimated, I have had some leave town with a few thousand dollars in tools in the back of their rig, I have had several drunk on the job, and of course lots of no shows. 

HELOCs are a tool every investor should have in their pocket

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.