With Tampa property prices at the high end, high priced money does not leave any meat on the bone.

My "deal" is an acquisition of a Class C- multifamily property in Tempe that I would purchase with short term construction financing, renovate and refinance into perm debt and try to recapture all or part of the initial equity. 

My work schedule would not allow me to oversee the day-to-day of a construction project.

They could apprentice and learn business and construction skills.  

There are a few different ways to go about either 1. getting the existing tenants out a little more constructively  (and much less risky/problematic for you) prior to closing or 2. finding properties that have already been vacated.Feel free to send me a PM (private message) if you have any other questions or would like to discuss this further.

I have the plans in hand for 5 duplexes I already own and am curious as to ballpark ideas on what it would cost to build some from scratch.

I would act as my own general contractor and do some of the work as well. T...

I bought it with a mini-construction loan (rolled purchase price and rehab into a short-term loan) from a local bank.  

If we did decide to partner with her, I'm not sure how to work out the details of our partnership, the property would be in her name obviously and I'm thinking we could split the profits 50/50 because she's bringing money to the table and we're bringing our construction/property mgmt expertise to the table.

I'm in the construction industry MEP project engineer.

The owner of the $2.4 million house won't complain, and it's a boom for construction, real estate agents, car dealerships, restaurants and others.