@Matthew BaileyJust double check that your setup doesn’t qualify as a self-rental— or whatever the specific term is...I get the specifics confused... basically, if your rent a property to yourself, the irs considers the income as active while your rental deductions as passive, so you can’t offset each other since in different buckets.But, maybe if you use two different entities or if you are just one of the tenants it’s okay..Like I said, I do get a bit confused on the specifics.

My worry is is somebody legally snatching up the property?

Everybody will tell you that is is the hardest time they have seen but this will make you a better investor.

One thing for me is that I can have some comfort with financed offers is I can follow the progress. 

But the way that I do it without a syndication is I will have a hard money lender pay for the majority of a property, and then I will have a private money lender come in in second position on a deal and they will lend in second position and get a promissory note and a deed of trust on the property.  

Doesn’t matter how nice everything else is.

However, I what I am really curious on is,Is it renter 1 or renter 2 responsibility to find new tenant?

I believe that waiting 12 months to buy now is foolish even if it’s a massive bubble (I don’t think it is I think it’s inflation) the government is kicking the can down the road and I don’t see it crashing in the next 12 months.

Second question is I am curious to hear anyones finished cost per square foot that has completed a new construction house recently regardless of area just to get an idea of what prices are in different areas.  

I could see RE as a potential full-time job if it was profitable for me.Now, my "dilemma" is i would like to get my feet wet with RE.