I have no experience in real estate but i have some skill in plumbing, light construction and other areas.

This sounds to me like a normal deal in lots of the "up and coming" dc neighborhoods like Columbia Heights (full disclosure this is where my house is), H st, Adams Morgan (although I think we can all agree adams morgan is never going to actually get out of the up and coming phase), etc.TL;DR I would bet this is legit.

@Toni Fowler Your best bet is to start attending some local investment club meetings to network, learn, and ask questions about the market from folks that know it well.

The sit-down is your best bet.

It saved some $$$..I also took some classes at Home Depot on Saturdays(not sure they still do these)...Once you're up and running it's cheaper to use a general handyman for these task...An investor friend works with 2 guys on all his rehabs because he was in construction and enjoys doing it!...

If you live anywhere near there I'll bet you already know the war zones.

You bet @Mike ToddAnother thing to remember is this, your Broker will only get a portion of the commissions you are paid.

:)If you are going with some kind of commercial construction or rehab loan or have private/HML in place none of that is relevant.For the multi which of those units will you be living in since you will need to reduce the rent roll by that amount.

If they file a notice you can bet the bill is going up.

I dont know any new construction guys, but I will ask the rehabbers I have started to network with if they know anyone who could partner with you.