They are extremely thorough and very clear.

The upside is that you won’t have the stress of having a mortgage to eat revenues and stress to ensure that the rent clears before the loan payment does.

Building would be worth upwards of 20mill + 2. the property i own that is in the middle and the best lot for the project used to have a house on it, but we demolished that and it is only land value now.. practically free and clear.. banks i've spoken with will not loan me money on the land. 3. the costs to get the plans can't cost too much considering the value of the project... not trying to update anything, but want to tear down and either build or sell. 4. plans and permits could take 3-6mo ?

I will use those 316 targets for the rest of the numbers that follow, since the primary residence targets were clearly responding to the type of letter and results are not 'typical' (though good to know, in case you could legitimately say you are also looking for your next primary residence!). 

They have more skin in the game then you do.Make sure you get clear title.

Clearly, the Inland Empire is on the up and up and there's only so many homes this close to the Pacific Ocean. 

My plan is hoping that they accept and that the appraisal comes down to 330k-340k and then i kindly ask the seller to cut the price.

I was told by my mortgage guy today that It would take 6 months to clear for traditional refinance so that is going to significantly eat into the holding costs.  

I would rent it out till the lawsuit is cleared and you can sell it. 

I would make it crystal clear that because I operate a business, not a charity, they would need to go immediately unless they made their full rent payment on the first.