I assume that's because its a relatively cheap project to finish a basement.

The reason we supply a couple packs is to avoid the cheap knockoffs. 

Quote from @Michael Smythe: @Alba Cheung wow, you went the cheap route and hire cheap attorneys.Now that they are useless, you want to ask us for free advice?

Even if a title company were to manage the setup making sure all parties are paid, the cheap debt and cash flow would not be enough to be enticing to any investor even if midterm rental could yield a healthy return. 

Toxic paint et al.Would you want your family living in house remodeled with cheap Chinese s**t?

I guess be happy it’s only a couple months and a cheap lesson learned?

@Troy Gandee I’ve been to Edisto and remember how cheap it was a few years ago.

Expect to spend another ~$8K for that.If you are planning to close all-cash and bring enough cash with you for operating expenses and rehab, you are looking at a minimum capital raise of about $3M and that is for a cheap 32 unit.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

If you're open to exploring new markets, this could be a great way to pick up properties for cheap and build cash flow with a much smaller upfront investment.