Depends on the type of GC you're looking for.The guys picking up material early in the morning at HD/Lowes/Menards are unlikely to run a very tight ship or handle large scale jobs.

That being said I have a couple more options.Option #1: Do a cash out refinance on the property with $100k (property #1) and I would be left with the $60k needed for purchase but nothing for rehab and I don't have enough cash to handle this so I'd have to rely on 0% interest credit cards, some cash, and maybe some other type of line or credit or loan with a higher interest rate.  

I'm not the type to go into a deal without all I's dotted and T's crossed, so if there's something wrong hopefully it'll reveal itself.

If I am leasing a property or buying one, regardless of where and what type.

The builder specializes in hotels, but feel free to ask any questions that might have to do with other commercial or even residential real estate property types.

All of my rentals to this point are single family and our current insurance company does not cover this type of property so I am starting from scratch.  

Depending on the amount of capital you have and what type of investing you want to do in UK, you may want to consider starting here and moving when your investment income can cover your starting costs in the UK.

If you have an understanding of real estate and think you can get better results growing your retirement savings in that asset class, then a self-directed IRA or Solo 401(k) is a means to do that.All investments are made in the name of the plan, all expenses come from the plan, and all return accrues to the plan.There are several different plan types and service models available.  

When I walk through a place, I don't see how it looks but what it could look like based on the type of work I am capable of.I personally like homes from the 50s (good thick hardwood often hidden under a bad carpet) but avoid late 60s and 70s (popcorn ceiling = asbestos) and often cheaper construction grade.Overall, I found that flipping is a good way to turn your free time into equity/money and a great learning experience but it is hard work and definitely not for everyone.

This type of foreclosure does not involve court action but requires notice commonly called a sale under the power of sale.