As you can see there is too much equity - based on a 30% down on each property I should be able to cash out a good amount of equity and go buy something and repeat.  

The only hesitation I have with this deal is that I THINK it could sell for 580k based on comps but this area is not consistent.

Building a 1500 sq. ft. house would cost $150,000.00  If the developer wants 12%ROI based on ARV he will need $36K in profit, there's also some soft costs, let's call that 12% as well.  

A year later I was moved into a full-time position managing a 100-seat computer-based testing center on campus.

Based off of what I have learned I think the following course of action is the best possible way for me to get started in real estate given my age of 19 years old (aka no credit and little money).

We had our second home rented out before the closing.At this point and after reading numerous books on real estate, I realized that although we had reached our goal of owning a rental, our finances were completely vertical and I need to spread out to increase cash flow and reduce the impact of a vacant property.In January 2016, I started data basing different markets across the USA.

So yes, do be careful, and never judge one group based on your experience at another.

Home of the worlds largest marine base and Joshua Tree National Park.

The best referral I received so far was from a GC who recommended Silvan Construction, I think they are based out of Aberdeen.

I will speak to prospects in NC by giving you information based on my experience in Charlotte, the largest city in NC by population.