This is one of the things that sound a lot easier than they are actually done.The crazy thing I learned about these CA fires is that the heat radiation is hot enough (1500-2000F) that it will ignite your furniture through the windows.

Sounds to be like you are seeking retirement advice on a platform that mostly advocates for long term wealth.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

As long as I understand the risk and mitigated the risk with sound exit strategies, I can let people live in my properties and I haven't had any losses yet.

But it sounds like you have some experience too...

It sounds great on paper but I'll have more insight after it goes live and I see how it works.

Based on what you wrote, it sounds like your project partner lost control and got pushed over by the contractors.

Sounds like some awesome goals!

Cool wish you the best and post about your project as you go through the different stages I am sure the audience here would really appreciate it from your POV

It sounds like some lender will allow you to get a 2nd mortgage for that $172K amount and some will not.Does anyone know of any lenders that can work with this?