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 - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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