and why i don't agree with those that say a personal home is  a liability.. those liabilities have made me more than 2 mil in tax free gains since i bought my first house in Milpitas in 1978.. for 81k.. and it was new construction Shapell home which bay area folks know they build a nice home.but I like many others have my frugal peccadilloes  i was tearing paper towels in half before they finally got smart and perforated them that way..

Nurses, specialty welders, industrial maintenance, construction crews, etc. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I am (hopefully) close to closing on a SFR in Gloucester City, and the seller and listing agent made it sound like the City inspector for CO was pretty strict. 

I have been told that a business degree with a focus on construction management or finance would be better.

Purchase price: $110,000 1st purchase; 3/2 New construction What made you interested in investing in this type of deal?

The home inspector would check everything including the roof, plumbing, heater/furnace, attic, safety issues, radon and many more things. 

Now, I need to know the exact usable space, wetland delineation, water & sewer hookup cost, mitigation banking, cleaning up the trees, construction cost as exact as possible.

@Collin Placke if your ARV and construction costs are accurate then it would seem to be a good deal. 

There are a number of other options than traditional bank financing, but really, if you're in this for the long haul and especially if you're looking at this from the perspective of a guy with some understanding of residential construction, you shouldn't try to fight the learning curve from the start with things like BRRRR, 3.5% down-payment FHA loans, all-cash offers with personal loans + cash advances from credit cards, etc.It's complicated enough learning how to run rentals.