Also since equity lines are typically interest only would provide lower carrying costs during planning and construction.

But…..to be fair, he knew what the work entailed, he set the price with no counter from myself, and it went to plan.

I plan on managing these units myself.

My husband and I are the employers and we have employees in our plan with their own accounts.

Next year this time we plan on having at lease 1 more rental property and 1 flip property.

How long it takes to be financially ready is different for everyone.

Both were difficult and could have been avoided if we had had better planning.

If you wanted to work with a developer/builder, I would think with our engineering backgroud, you should be able to be a project manager, forward planning, even acquistions associate, albeit with some training. 

I regularly argue that Dave Ramsey provides excellent, sound, time-proven financial advice that everyone should apply to their personal finances.

It's just about having the right team in place where you can identify them and get offers submitted quickly and solid contractors that can give you realistic quotes so your financial forecasts are accurate.