I figure if the deal is good enough I could find someone who’s willing to put down the money and get a preferred return.

LTC on construction loans is much more favorable than commercial purchase loans, and usually have the better rates and terms as well…obviously banks prefers new construction.The con’s:The speed in which I start to receive a return is slower than if I were to buy a building that was leased already.The number of steps and base of knowledge needed for a new build is much higher than buying a built and leased property.Leasing a new build, especially in our new environment, may be a slow process, which could be costly.All in all, I have decided to take on new construction projects going forward.

I prefer Home Depot and get a solid pine door that is just large then your opening.

I prefer older books that are packed full of practical information and not written with the intent of producing ten spin-offs or sequals. 

Patching an area is a good way to go in many cases.Check feed back and references, give the contractor as little as possible advance money, preferably nothing, get multiple quotes on the same job and materials and don't go with the cheapest bid just because it is cheap!

I understand that there shouldn't be any emotion in an investment but since this will be my primary residence that I live in with my girlfriend and three roommates (two of which are my current roommates that I rent with and prefer to stay with).

I would prefer a turnkey vs a rehab since I'll be investing remotely.

I would have preferred you didn’t comment at all if you weren’t going to be of assistance, thank you and have a nice day.

At this point I think you would have to be a preferred client, though.

Personally I prefer passive investments.