They are very hard to do without a pot of seed money that allows you to close and get possession. 

@Marshall DownsHello Marshall,Thank you for your advice, I’m trying to soak as much as I can.

You should definitely come by one of the little Havana meet ups and soak up the insight many of the community members have to share.

the investor provides seed money for construction (20-25% of the target sale price)when the house is sold, the profit is split 60% investor and 40% builderseed money is paid back to the investor before calculating profit on the saleassuming that the property is owned by the investor and ready to build on

I one had a real estate license (20 some years ago), but all they wanted me to do was open the white pages and make phone calls...needless to say in my mid 20's (before the internet) that wasn't enough action...since the only other real estate experience was owning my own house....I have reading a lot, listening to the podcast, and attending some of the webinars and am soaking it all in....I would like to build for our retirement, just figuring out how i want to do it!!

Welcome @James Seed !  

Still, with all the efforts of my close circle, we were only able to get the basement remodel done in a four week timespan and the free labor I was soaking up dried out. 

But you slowly learn and soak it in and keep searching for deals.

I’m currently a sponge and willing to soak up any tips, advice, thoughts, etc. that will help get the ball rolling.

So I’ve been a sponge soaking up REI strategies.