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 - A Farmall Story - by Ed Meadors. The year was 1978. Our young family had recently moved to rural Chesapeake, Virginia to a plot of land which would finally allow us to realize our dreams of a huge garden, critters and more lawn and pasture than we would ever use! We needed a TRACTOR; not a riding mower or tractor wannabe, but a real TRACTOR. The answer to our needs materialized in the form of a '44 Farmall A, complete with cultivators, discs, single plow, a 5ft.Woods belly mower and one, mounted spare 9.00x24 rear wheel.
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