We have found that bandit signs and direct mail is almost useless down here- therefore we committed to social media at a very high level and have generated a lot of business that is untapped by using Instagram and Facebook ORGANICALLY...That's a great tip about using social media down here.

Power is being generated and sold to the utility but little is being consumed in an empty property.

I know there are a lot of variables depending on salary expectations, and profits per flip, but I can say that based on our past profit margins we will likely be able to recoup the cost of hiring that GC with the profits of one flip.2-hire a less experienced hourly worker to occasionally assist my husband on the same property. 

Your broker/agent needs to determine the spaces highest and best use which may or may not be the way the interior space and exterior is currently laid out and designed.The question then becomes can you convert and invest the cash to the highest and best use and still make a good profit all costs considered?

Trust me.Daniel you have to remember our generation is much more advanced than our parents and for that matter the previous generation of investors.We have resources they never had starting out.

Convincing your wife that hoarding money does nothing to generate income and it is time to make it earns it's keep is the real challenge.

So Are you starting a community outreach program for senior citizens in your area or are you investing for profits ?

I am currently living In a SFH with the VA loan, unless I sold it ( wouldn't make much a profit if any, since no down payment ) unless I find a great deal, I may just have to keep saving to get maybe a commercial property. 

With $140k alone, no, you can't make enough to live off of, BUT you can get a great head start on a portfolio that will eventually generate enough passive income to sustain you.

Better if you can partner up with somebody and just split profits for a while.