Quote from @Raul Payas: Hello everyone,My name is Raul, and my wife, Lilly, and I are both 41 years old.

Sounds like your family member has a diamond in the rough.Your family member can definitely use the equity in the land as the down payment for the new construction and long-term loan. 

Start focusing on what niche you want to go and really learn all you can there.

(starting from 2-5 units and going up slowly)What are the most important concepts and terms to understand when getting started with multi-family property investments?

Then isolate those guys and call them first.

Clean, simple, and audit-proof.

That sounds like a beautiful area and a fun opportunity.

I asked how I could provide value, and he shared his buying criteria for SubTo deals.

Buy decent properties in nice areas that are growing and grow along with them.

I’ll DM you and we can find a time.