Joe, If you act as the contractor and sub things out, you may save money and then again you may get taken to the cleaners. If you know good sub contractors, that you have done business with before, to frame, finish drywall, blow the insulation and hang cabinets, Great! On the other hand if this is your first experience, you may want to find a good divorce lawyer before you begin. You will also need a pocket full of money. Banks don't want to lend money on building materials and land without improvements, only finished homes.
If you don't have the experience, tools, truck, backhoe, and skills to do everything yourself, just knowing someone who can help WON'T WORK! Good way to lose friends.
I have completely remolded many homes and added on to existing homes. Getting to old to do many things, so I have good sub contractors that I can call. That said, when you build something for yourself, you tend to buy the more expensive things and there is no cost savings, trust me. 20 years ago I put $75,000 in a remodel on a house I paid $35,000 for 15 years before. At the time the house's value wasn't worth $110,000.
Sounds to me you should start small, remodel, gain experience, tools, and skills to do things yourself.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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